CrossFirst Bankshares, Inc. (NASDAQ:CFB - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $16.00, but opened at $16.85. CrossFirst Bankshares shares last traded at $15.98, with a volume of 16,630 shares trading hands.
Analysts Set New Price Targets
Several research analysts have weighed in on CFB shares. Janney Montgomery Scott upgraded shares of CrossFirst Bankshares from a "neutral" rating to a "buy" rating and set a $21.00 target price on the stock in a research report on Tuesday, September 10th. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a $20.00 target price on shares of CrossFirst Bankshares in a report on Wednesday, August 28th. Finally, Stephens restated an "overweight" rating and issued a $17.00 price objective on shares of CrossFirst Bankshares in a report on Tuesday, July 16th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, CrossFirst Bankshares presently has a consensus rating of "Buy" and a consensus price target of $18.50.
Read Our Latest Stock Analysis on CrossFirst Bankshares
CrossFirst Bankshares Stock Down 0.7 %
The company has a debt-to-equity ratio of 0.12, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a fifty day moving average of $16.84 and a 200 day moving average of $15.09. The firm has a market capitalization of $782.77 million, a P/E ratio of 11.57 and a beta of 1.03.
Institutional Investors Weigh In On CrossFirst Bankshares
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EntryPoint Capital LLC lifted its stake in shares of CrossFirst Bankshares by 182.8% in the 1st quarter. EntryPoint Capital LLC now owns 3,549 shares of the company's stock worth $49,000 after purchasing an additional 2,294 shares during the period. Prevail Innovative Wealth Advisors LLC purchased a new position in CrossFirst Bankshares during the first quarter worth $138,000. Quadrature Capital Ltd bought a new position in CrossFirst Bankshares during the 4th quarter valued at about $140,000. Russell Investments Group Ltd. purchased a new stake in shares of CrossFirst Bankshares in the first quarter worth approximately $173,000. Finally, FAS Wealth Partners Inc. bought a new stake in shares of CrossFirst Bankshares during the second quarter worth $177,000. 56.29% of the stock is currently owned by institutional investors.
CrossFirst Bankshares Company Profile
(
Get Free Report)
CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial and industrial loans, including enterprise value lending; commercial real estate loans; construction and development loans, such as home builder lending; residential real estate, multifamily real estate, energy, SBA, and consumer loans; and credit cards.
Recommended Stories
Before you consider CrossFirst Bankshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CrossFirst Bankshares wasn't on the list.
While CrossFirst Bankshares currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
