Cullen / Frost Bankers – Consensus points to potential rise of 7.3%
Cullen / Frost Bankers found using ticker (CFR) now have 12 analysts covering the stock with the consensus suggesting a rating of “Underperformance”. The range between the high target price and the low target price is between 144 and 95 by calculating the average target price that we have 115.33. Now, with the previous closing price of 107.46, that would indicate that there is a potential upside of 7.3%. The 50 day MA is 120.05 and the 200 moving average is now rising to 106.69. The company’s market capitalization is $ 7,123 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 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, 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 to 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.
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