Independent Bank Group Inc
NASDAQ:IBTX

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Independent Bank Group Inc
NASDAQ:IBTX
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Price: 60.98 USD 0.84% Market Closed
Market Cap: 2.5B USD
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Wall Street
Price Targets

IBTX Price Targets Summary
Independent Bank Group Inc

Wall Street analysts forecast IBTX stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IBTX is 58.31 USD with a low forecast of 46.46 USD and a high forecast of 85.05 USD.

Lowest
Price Target
46.46 USD
24% Downside
Average
Price Target
58.31 USD
4% Downside
Highest
Price Target
85.05 USD
39% Upside

IBTX Last Price Targets
Independent Bank Group Inc

The latest public price target was made on Sep 20, 2024 by Brandon King from Truist Financial , who expects IBTX stock to rise by 8% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Brandon King
Truist Financial
66 USD
Upside 8%
3 months ago
Sep 20, 2024
Independent Bank price target raised to $66 from $65 at Truist
TheFly
Brandon King
Truist Financial
65 USD
Upside 7%
4 months ago
Jul 29, 2024
Independent Bank price target raised to $65 from $48 at Truist
TheFly
Stephen Scouten
Piper Sandler
58 USD
Downside 5%
6 months ago
May 31, 2024
Piper Sandler Upgrades Independent Bank Group (IBTX) to Overweight
StreetInsider
Brandon King
Truist Financial
50 USD
Downside 18%
6 months ago
May 29, 2024
Independent Bank downgraded to Hold from Buy at Truist
TheFly
Brandon King
Truist Financial
Price Target 66 USD
Upside/Downside 8%
View Source
Brandon King
Truist Financial
Price Target 65 USD
Upside/Downside 7%
View Source
Stephen Scouten
Piper Sandler
Price Target 58 USD
Upside/Downside 5%
View Source
Brandon King
Truist Financial
Price Target 50 USD
Upside/Downside 18%
View Source
Independent Bank Group Inc Competitors:
Price Targets
CWB
Canadian Western Bank
9% Downside
CARE
Carter Bank and Trust
32% Upside
CTBI
Community Trust Bancorp Inc
12% Upside
FSFG
First Savings Financial Group Inc
27% Upside
VVL
Voss Veksel og Landmandsbank ASA
1% Downside
FCF
First Commonwealth Financial Corp
19% Upside
FBIZ
First Business Financial Services Inc
20% Upside

Revenue
Forecast

Revenue Estimate
Independent Bank Group Inc

For the last 8 years the compound annual growth rate for Independent Bank Group Inc's revenue is 15%. The projected CAGR for the next 3 years is 11%.

15%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Independent Bank Group Inc

For the last 8 years the compound annual growth rate for Independent Bank Group Inc's net income is 2%. The projected CAGR for the next 3 years is 69%.

2%
Past Growth
69%
Estimated Growth
Estimates Accuracy
-35%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is IBTX's stock price target?
Price Target
58.31 USD

According to Wall Street analysts, the average 1-year price target for IBTX is 58.31 USD with a low forecast of 46.46 USD and a high forecast of 85.05 USD.

What is Independent Bank Group Inc's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Independent Bank Group Inc's revenue is 15%. The projected CAGR for the next 3 years is 11%.

What is Independent Bank Group Inc's Net Income forecast?
Projected CAGR
69%

For the last 8 years the compound annual growth rate for Independent Bank Group Inc's net income is 2%. The projected CAGR for the next 3 years is 69%.

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