In a report released today, Matt Olney from Stephens assigned a Hold rating to Cullen/Frost Bankers (NYSE: CFR), with a price target of $101. The company’s shares closed on Friday at $93.17, close to its 52-week low of $90.02.
According to TipRanks.com, Olney is a 2-star analyst with an average return of -0.2% and a 42.7% success rate. Olney covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, First Western Financial Inc, and First Financial Bankshares.
Cullen/Frost Bankers has an analyst consensus of Moderate Buy, with a price target consensus of $110.88, a 19.0% upside from current levels. In a report issued on October 25, Piper Jaffray also maintained a Hold rating on the stock with a $103.50 price target.
.
See today’s analyst top recommended stocks >>
Cullen/Frost Bankers’ market cap is currently $5.96B and has a P/E ratio of 14.18. The company has a Price to Book ratio of 1.88.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cullen/Frost Bankers, Inc. operates as a bank holding company of Frost Bank, which engages in the provision of commercial and consumer banking services, as well as trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, asset-based lending, treasury management and item processing services.
