Brokerage Firm Rating on Cullen/Frost Bankers (CFR)

Cullen/Frost Bankers (CFR) : The consensus on Cullen/Frost Bankers (CFR) based on 15 analyst recommendation on the company stock is 3.33, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Cullen/Frost Bankers (CFR).

Cullen/Frost Bankers (CFR) stock is expected to deviate a maximum of $8.37 from the average target price of $66.43 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $85 and the most muted being $48.


Company shares have received an average consensus rating of Hold for the current week Cullen/Frost Bankers (NYSE:CFR): The stock opened at $69.54 on Thursday but the bulls could not build on the opening and the stock topped out at $69.67 for the day. The stock traded down to $69.02 during the day, due to lack of any buying support eventually closed down at $69.09 with a loss of -0.26% for the day. The stock had closed at $69.27 on the previous day. The total traded volume was 349,845 shares.

In a related news, Frost Patrick B, director officer (President of Frost Bank) of Cullen/Frost Bankers, Inc., unloaded 10,500 shares at an average price of $67.73 on August 1, 2016. The total amount of the transaction was worth $711,165, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding and a bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, treasury management and item processing services. The Company serves industries, including energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation, among others. The Company operates in two segments: Banking and Frost Wealth Advisors. The Banking segment includes commercial and consumer banking services, Frost Securities, Inc. and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients. Consumer banking services include direct lending and depository services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services and financial management services.

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