Cullen / Frost Bankers – Consensus indicates downside potential of -5.1%
Cullen / Frost Bankers with ticker code (CFR) now have 12 analysts covering the stock. Analysts’ consensus points to a rating of “Underperformance”. The target price varies between 144 and 95 by calculating the average target price that we see 115.33. Now, with the previous closing price of 121.58, this now indicates that there is potential for a downside of -5.1%. The 50-day MA is 120.22 and the 200-day moving average is 104.64. The company’s market capitalization is $ 7,670 million. Company website: http://www.frostbank.com
Cullen / Frost Bankers is Frost Bank’s banking holding company that provides commercial and personal banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The Company provides commercial banking services to businesses and other commercial clients, including financing of industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventory and accounts receivable, and acquisitions; commercial leasing; and cash management services. It also provides banking services to consumers, such as checking accounts, savings programs, automated teller machines (ABMs), overdraft facilities, home and installment loans, home equity loans and margin lines. credit, car and overnight deposit services, safes facilities and brokerage services. In addition, the company offers international banking services including deposits, loans, letters of credit, foreign collections, funds and foreign exchange services. In addition, he acts as a correspondent for around 176 financial institutions; provides trust, investment, agency and custody services for individuals and businesses; provides capital market services which include the sale and trading, underwriting of new issues, dealing in the money market, advice, custody and clearing of securities; and supports international business activities. In addition, the company offers insurance and securities brokerage services; holds securities for investment purposes; and provides loans to qualified borrowers, as well as investment management services to mutual funds, institutions and individuals managed by Frost. It operates around 155 financial centers and 1,200 ATMs. The company serves the energy, manufacturing, service, construction, retail, telecommunications, healthcare, military and transportation industries. Cullen / Frost Bankers was founded in 1868 and is headquartered in San Antonio, Texas.