Stephens has revised its price target for Texas Capital (TCBI, Financial), adjusting it down to $90 from a previous $95, while maintaining an Overweight rating on the stock. This update follows the company's recent earnings release.
According to the firm's analysis, the forecast remains substantially consistent due to a favorable outlook for net interest income, which is expected to balance out a downturn in fee income. Stephens communicated these insights in a note to investors, emphasizing how these factors influence its revised projections for Texas Capital.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Texas Capital Bancshares Inc (TCBI, Financial) is $80.75 with a high estimate of $90.00 and a low estimate of $70.00. The average target implies an upside of 22.29% from the current price of $66.03. More detailed estimate data can be found on the Texas Capital Bancshares Inc (TCBI) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Texas Capital Bancshares Inc's (TCBI, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Texas Capital Bancshares Inc (TCBI, Financial) in one year is $83.37, suggesting a upside of 26.26% from the current price of $66.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Texas Capital Bancshares Inc (TCBI) Summary page.
