Published On: Wed, Oct 19th, 2016

Broker Changes For LegacyTexas Financial Group, Inc. (NASDAQ:LTXB)


Recently stock market analysts have updated their consensus ratings on shares of LegacyTexas Financial Group, Inc. (NASDAQ:LTXB).

Most recent broker ratings

07/21/2016 – LegacyTexas Financial Group, Inc. had its “buy” rating reiterated by analysts at Compass Point. They now have a USD 35 price target on the stock.

07/21/2016 – LegacyTexas Financial Group, Inc. had its “market perform” rating reiterated by analysts at Hovde Group. They now have a USD 30 price target on the stock.

07/21/2016 – LegacyTexas Financial Group, Inc. was downgraded to “outperform” by analysts at Raymond James. They now have a USD 32 price target on the stock.

05/18/2016 – FBR Capital Markets began new coverage on LegacyTexas Financial Group, Inc. giving the company a “outperform” rating. They now have a USD 30 price target on the stock.

04/21/2016 – LegacyTexas Financial Group, Inc. had its “buy” rating reiterated by analysts at D.A. Davidson. They now have a USD 28 price target on the stock.

12/09/2015 – LegacyTexas Financial Group, Inc. was downgraded to “equal-weight” by analysts at Stephens.

10/23/2015 – LegacyTexas Financial Group, Inc. had its “buy” rating reiterated by analysts at SunTrust. They now have a USD 33 price target on the stock.

08/03/2015 – LegacyTexas Financial Group, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray.

04/23/2015 – LegacyTexas Financial Group, Inc. had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 26 price target on the stock.

03/09/2015 – LegacyTexas Financial Group, Inc. had its “neutral” rating reiterated by analysts at Sterne Agee. They now have a USD 25 price target on the stock.

LegacyTexas Financial Group, Inc. has a 50 day moving average of 31.58 and a 200 day moving average of 27.54. The stock’s market capitalization is 1.50B, it has a 52-week low of 16.79 and a 52-week high of 33.97.

The share price of the company (NASDAQ:LTXB) was up +2.30% during the last trading session, with a high of 32.50 and the volume of LegacyTexas Financial Group, Inc. shares traded was 201425.

LegacyTexas Financial Group, Inc. is a bank holding company. LegacyTexas Bank is its wholly owned principal operating subsidiary. The Company is engaged in attracting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans. The Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in their own name and manage its cash flow needs until the loans are sold to investors. The Company offers insurance and title services, as well as brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.