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Texas Capital Bancshares Inc (NASDAQ:TCBI) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Texas Capital Bancshares Inc (NASDAQ:TCBI) to Hold in a statement released on Friday July 07, 2017.

Displaying a price of $78.00, Texas Capital Bancshares Inc (NASDAQ:TCBI) traded -0.27% lower on the day. With the last stock price close down -6.90% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same period. Texas Capital Bancshares Inc has recorded a 50-day average of $78.15 and a two hundred day average of $80.23. Volume of trade was up over the average, with 532,113 shares of TCBI changing hands over the typical 510,577

Performance Chart

Texas Capital Bancshares Inc (NASDAQ:TCBI)

With a total market value of $0, Texas Capital Bancshares Inc has price-earnings ratio of 20.73 with a one year low of $48.01 and a one year high of $93.35 .

A total of 15 firms have issued a report on the stock. 3 brokers rating the stock a strong buy, 3 equity analysts rating the company a buy, eight equity analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $46.40.

More About Texas Capital Bancshares Inc (NASDAQ:TCBI)

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.

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