Stephens analyst Matt Olney assigned a Buy rating to CBTX Inc (NASDAQ: CBTX) today and set a price target of $37. The company’s shares closed on Friday at $32.22.
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.
CBTX Inc has an analyst consensus of Moderate Buy, with a price target consensus of $38.50.
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CBTX Inc’s market cap is currently $800.9M and has a P/E ratio of 24.04. The company has a Price to Book ratio of 1.74.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CBTX in relation to earlier this year.
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.
CBTX, Inc. is a bank holding company. It engages in the provision of commercial banking solutions to local small and mid-sized businesses and professionals. The company was founded by J. Pat Parsons on January 26, 2007 and is headquartered in Houston, TX.
