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NASDAQ: IBTX
Independent Bank Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for IBTX

Based on 4 analysts offering 12 month price targets for Independent Bank Group Inc.
Min Forecast
$41.00+2.55%
Avg Forecast
$45.50+13.81%
Max Forecast
$50.00+25.06%

Should I buy or sell IBTX stock?

Based on 4 analysts offering ratings for Independent Bank Group Inc.
Strong Buy
Strong Buy
2 analysts 50%
Buy
1 analysts 25%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IBTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Bottom 12%
12
Strong BuyMaintains$47.00+17.56%2023-07-26Find out why
Keefe, Bruyette & Woods
Top 22%
79
BuyMaintains$50.00+25.06%2023-07-26
Piper Sandler
Bottom 20%
20
HoldDowngrades$44.00+10.06%2023-07-26
Stephens & Co.
Top 26%
75
Strong BuyReiterates$41.00+2.55%2023-07-25

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Forecast return on equity

Is IBTX forecast to generate an efficient return?
Company
10%
Industry
255.61%
Market
33.91%
IBTX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IBTX forecast to generate an efficient return on assets?
Company
1.26%
Industry
20.89%
IBTX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IBTX vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
IBTX$39.98$45.50+13.81%Strong Buy
FRME$27.69$35.00+26.40%Strong Buy
CLBK$15.56N/AN/A
WAFD$25.25$34.00+34.65%Buy
BKU$22.72$27.17+19.57%Hold
View Top Bank Stocks

Independent Bank Group Stock Forecast FAQ

Is Independent Bank Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: IBTX) stock is to Strong Buy IBTX stock.

Out of 4 analysts, 2 (50%) are recommending IBTX as a Strong Buy, 1 (25%) are recommending IBTX as a Buy, 1 (25%) are recommending IBTX as a Hold, 0 (0%) are recommending IBTX as a Sell, and 0 (0%) are recommending IBTX as a Strong Sell.

If you're new to stock investing, here's how to buy Independent Bank Group stock.

What is IBTX's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: IBTX) forecast ROE is 10%, which is considered weak.

What is IBTX's Price Target?

According to 4 Wall Street analysts that have issued a 1 year IBTX price target, the average IBTX price target is $45.50, with the highest IBTX stock price forecast at $50.00 and the lowest IBTX stock price forecast at $41.00.

On average, Wall Street analysts predict that Independent Bank Group's share price could reach $45.50 by Jul 26, 2024. The average Independent Bank Group stock price prediction forecasts a potential upside of 13.81% from the current IBTX share price of $39.98.

What is IBTX's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: IBTX) forecast ROA is 1.26%, which is lower than the forecast US Banks - Regional industry average of 20.89%.
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