Cullen/Frost Bankers (CFR) Stock Forecast & Price Target

$113.29

+4.20 (+3.85%)

(As of 11:27 AM ET)

Cullen/Frost Bankers - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 14 Analyst Ratings

Based on 14 Wall Street analysts who have issued ratings for Cullen/Frost Bankers in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 3 have given a sell rating, 8 have given a hold rating, and 3 have given a buy rating for CFR.

Consensus Price Target

$119.93
5.86% Upside

High Forecast	$138.00
Average Forecast	$119.93
Low Forecast	$94.00

According to the 14 analysts' twelve-month price targets for Cullen/Frost Bankers, the average price target is $119.93. The highest price target for CFR is $138.00, while the lowest price target for CFR is $94.00. The average price target represents a forecasted upside of 5.86% from the current price of $113.29.

Type	Current Forecast 8/24/23 to 8/23/24	1 Month Ago 7/25/23 to 7/24/24	3 Months Ago 5/26/23 to 5/25/24	1 Year Ago 8/24/22 to 8/24/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	8 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)
Sell	3 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$119.93	$113.77	$117.46	$125.30
Forecasted Upside	5.86% Upside	10.45% Upside	9.18% Upside	12.23% Upside

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CFR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CFR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cullen/Frost Bankers Stock vs. The Competition

Type	Cullen/Frost Bankers	Finance Companies	S&P 500
Consensus Rating Score	2.00	2.46	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	9.86% Upside	38.90% Upside	9.27% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/5/2024	Morgan Stanley 3 of 5 stars	Downgrade	Equal Weight ➝ Underweight	$112.00 ➝ $121.00	+11.10%
7/29/2024	Truist Financial 1 of 5 stars	Boost Target	Hold ➝ Hold	$102.00 ➝ $126.00	+6.52%
7/26/2024	Stephens 4 of 5 stars	Boost Target	Equal Weight ➝ Equal Weight	$116.00 ➝ $131.00	+9.98%
7/26/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$127.00 ➝ $134.00	+11.49%
7/26/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$106.00 ➝ $124.00	+3.17%
7/26/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$119.00 ➝ $120.00	-0.88%
Get the Latest News and Ratings for CFR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cullen/Frost Bankers and its competitors with MarketBeat's FREE daily newsletter.
7/26/2024	Maxim Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$132.00 ➝ $138.00	+17.24%
7/3/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$117.00 ➝ $108.00	+7.61%
6/27/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$140.00 ➝ $130.00	+31.59%
6/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform ➝ Underperform	$109.00 ➝ $100.00	+1.28%
1/29/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$110.00 ➝ $116.00	+7.07%
1/26/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$125.00 ➝ $118.00	+7.94%
1/8/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
12/1/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$94.00	-4.37%
10/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$120.00 ➝ $119.00	+29.70%
2/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
11/2/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:52 AM ET.

CFR Forecast - Frequently Asked Questions

What is Cullen/Frost Bankers' forecast for 2024?: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Cullen/Frost Bankers is $119.93, with a high forecast of $138.00 and a low forecast of $94.00.
Should I buy or sell Cullen/Frost Bankers stock right now?: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 3 sell ratings, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFR, but not buy additional shares or sell existing shares.
Does Cullen/Frost Bankers's stock price have much upside?: According to analysts, Cullen/Frost Bankers's stock has a predicted upside of 9.01% based on their 12-month stock forecasts.
Has Cullen/Frost Bankers been downgraded by Wall Street analysts recently?: Over the previous 90 days, Cullen/Frost Bankers's stock had 1 downgrade by analysts.
What analysts cover Cullen/Frost Bankers?: Cullen/Frost Bankers has been rated by research analysts at DA Davidson, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Maxim Group, Morgan Stanley, Royal Bank of Canada, Stephens, Truist Financial, and Wedbush in the past 90 days.
Do Wall Street analysts like Cullen/Frost Bankers more than its competitors?: Analysts like Cullen/Frost Bankers less than other "finance" companies. The consensus rating score for Cullen/Frost Bankers is 2.00 while the average consensus rating score for "finance" companies is 2.46. Learn more on how CFR compares to other companies.