In a report released yesterday, Matt Olney from Stephens maintained a Buy rating on LegacyTexas Financial (LTXB), with a price target of $45. The company’s shares opened today at $38.68.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -1.6% and a 41.5% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
LegacyTexas Financial has an analyst consensus of Moderate Buy, with a price target consensus of $39.
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Based on LegacyTexas Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $57.77 million. In comparison, last year the company had a net profit of $14.62 million.
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.
