Cullen / Frost Bankers – Consensus points to potential rise of 1.4%
Cullen / Frost Bankers with ticker code (CFR) now have 13 analysts covering the stock. Analysts’ consensus points to a rating of âUnderperformanceâ. The range between the high target price and the low target price is between 157 and 108 with an average TP of 126.85. With the stock’s previous close at 125.14, this indicates that there is a potential upside of 1.4%. The 50 day moving average is 128.45 while the 200 day moving average is 117.12. The company’s market capitalization is $ 8,205 million. Company website: https://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 corporate 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 chequing accounts, savings programs, automated teller machines (ABMs), overdraft facilities, home and installment loans, home equity loans and spreads. credit, drive-in and overnight deposit services, safe-deposit boxes 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.
You can now share this on Stocktwits, just click on the logo below and add the ticker in the text to be seen.