Analysts Offer Insights on Financial Companies: Pacific Premier Bancorp Inc (PPBI) and Independent Bank Group (IBTX)


Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Pacific Premier Bancorp Inc (NASDAQ:PPBI) and Independent Bank Group (NASDAQ:IBTX).

Pacific Premier Bancorp Inc (PPBI)

In a report released today, Tyler Stafford from Stephens maintained a Hold rating on Pacific Premier Bancorp Inc, with a price target of $43. The company’s shares closed yesterday at $31.65, close to its 52-week low of $31.49.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 8.2% and a 53.7% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Franklin Financial Network.

Currently, the analyst consensus on Pacific Premier Bancorp Inc is a Strong Buy with an average price target of $45.50.

See today’s analyst top recommended stocks >>

Independent Bank Group (IBTX)

In a report released today, Matt Olney from Stephens maintained a Buy rating on Independent Bank Group, with a price target of $82. The company’s shares closed yesterday at $56.50, close to its 52-week low of $55.93.

According to TipRanks.com, Olney is a 2-star analyst with an average return of 0.0% and a 41.5% success rate. Olney covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, First Western Financial Inc, and First Financial Bankshares.

Currently, the analyst consensus on Independent Bank Group is a Strong Buy with an average price target of $80.64.

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