Free Trial

Veritex (VBTX) Stock Forecast & Price Target

+0.19 (+0.79%)
(As of 05:24 PM ET)

Veritex - 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

Based on 3 Wall Street analysts who have issued ratings for Veritex in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for VBTX.

Consensus Price Target

5.62% Upside
High Forecast$27.00
Average Forecast$25.67
Low Forecast$24.00

According to the 3 analysts' twelve-month price targets for Veritex, the average price target is $25.67. The highest price target for VBTX is $27.00, while the lowest price target for VBTX is $24.00. The average price target represents a forecasted upside of 5.62% from the current price of $24.30.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$25.67$24.38$24.13$30.38
Forecasted Upside5.62% Upside20.16% Upside17.43% Upside20.53% Upside
Get Veritex Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for VBTX and its competitors with MarketBeat's FREE daily newsletter.

VBTX 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.
Skip Chart & View Analyst Rating History

VBTX 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Veritex Stock vs. The Competition

TypeVeritexFinance CompaniesS&P 500
Consensus Rating Score
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside5.62% Upside36.12% Upside7.87% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/25/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$25.00 ➝ $26.00+25.06%
4 of 5 stars
 Reiterated RatingEqual Weight ➝ Equal Weight$24.00+16.73%
1/25/2024Keefe, Bruyette & Woods
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$29.00 ➝ $27.00+26.29%
7/5/2023Hovde Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Market Perform$20.50+11.35%
1/5/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:26 PM ET.

VBTX Forecast - Frequently Asked Questions

What is Veritex's forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Veritex is $25.67, with a high forecast of $27.00 and a low forecast of $24.00.

Should I buy or sell Veritex stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VBTX shares.

Does Veritex's stock price have much upside?

According to analysts, Veritex's stock has a predicted upside of 22.75% based on their 12-month stock forecasts.

What analysts cover Veritex?

Veritex has been rated by research analysts at Piper Sandler, and Stephens in the past 90 days.

Do Wall Street analysts like Veritex more than its competitors?

Analysts like Veritex more than other "finance" companies. The consensus rating for Veritex is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how VBTX compares to other companies.

This page (NASDAQ:VBTX) was last updated on 7/17/2024 by Staff

From Our Partners