LegacyTexas Financial (LTXB) Receives a Hold from Hovde Group


In a report released today, Kevin Swanson from Hovde Group reiterated a Hold rating on LegacyTexas Financial (LTXB), with a price target of $42. The company’s shares opened today at $39.74.

According to TipRanks.com, Swanson is a 1-star analyst with an average return of -4.7% and a 33.3% success rate. Swanson covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, ServisFirst Bancshares, and Sierra Bancorp.

LegacyTexas Financial has an analyst consensus of Moderate Buy, with a price target consensus of $45.

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LegacyTexas Financial’s market cap is currently $1.93B and has a P/E ratio of 12.34. The company has a Price to Book ratio of 1.76.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.

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Legacy Texas Financial Group, Inc. is a bank holding company, which engages in the provision of financial services. It offers personal banking, commercial banking, business banking, corporate banking, commercial real estate, warehouse lending, mortgage, insurance, and title services.

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