Raymond James analyst Michael Rose maintained a Buy rating on Veritex (NASDAQ:VBTX) on Wednesday, setting a price target of $40, which is approximately 20.85% above the present share price of $33.1.
Rose expects Veritex to post earnings per share (EPS) of $0.46 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Veritex, with an average price target of $37.
The analysts price targets range from a high of $40 to a low of $34.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $75.78 million and a net profit of $0. The company's market cap is $1.62 billion.
According to TipRanks.com, Raymond James analyst Michael Rose is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.0% and a 56.99% success rate.
Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products; mortgages; and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.