Keefe, Bruyette Woods Issues Positive Forecast for Independent Bank Stock Price
| IBTX Stock | USD 60.67 0.28 0.46% |
Slightly above 53% of Independent Bank's investor base is interested to short. The analysis of overall sentiment of trading Independent Bank Group stock suggests that many investors are impartial at this time. Independent Bank's investing sentiment can be driven by a variety of factors including economic data, Independent Bank's earnings reports, geopolitical events, and overall market trends.
Independent |
Independent Bank had its target price lifted by analysts at Keefe, Bruyette Woods from 77.00 to 82.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a market perform rating on the banks stock. Keefe, Bruyette Woods price target would indicate a potential upside of
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Independent Bank Fundamental Analysis
We analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Independent Bank is currently under evaluation in target price category among its peers.
Independent Bank Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Independent Bank stock to make a market-neutral strategy. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics with similar companies.
Peers
Independent Bank Related Equities
| FVCB | FVCBankcorp | 7.02 | ||||
| CNOB | ConnectOne Bancorp | 2.89 | ||||
| HBCP | Home Bancorp | 2.62 | ||||
| ACNB | ACNB | 2.15 | ||||
| BSRR | Sierra Bancorp | 1.93 | ||||
| NBHC | National Bank | 1.78 | ||||
| UMBF | UMB Financial | 1.31 | ||||
| FFIN | First Financial | 1.27 | ||||
| HFWA | Heritage Financial | 0.54 | ||||
| CWBC | Community West | 0.47 | ||||
| FFNW | First Financial | 0.47 | ||||
| BOKF | BOK Financial | 0.31 | ||||
| AFBI | Affinity Bancshares | 0.29 | ||||
| FNWD | Finward Bancorp | 0.63 | ||||
| TCBIO | Texas Capital | 0.70 |
Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.