Stephens Releases a Buy Rating on CBTX Inc


In a report released today, Matt Olney from Stephens assigned a Buy rating to CBTX Inc (NASDAQ: CBTX), with a price target of $33. The company’s shares closed yesterday at $30.07.

According to TipRanks.com, Olney is a 4-star analyst with an average return of 10.1% and a 77.1% success rate. Olney covers the Financial sector, focusing on stocks such as First Financial Bankshares, Texas Capital Bancshares, and Commerce Bancshares Inc.

CBTX Inc has an analyst consensus of Moderate Buy, with a price target consensus of $33.50.

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The company has a one-year high of $30.87 and a one-year low of $27. Currently, CBTX Inc has an average volume of 62.34K.

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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.

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