Zacks Investment Research downgraded Cullen Frost Bankers, Inc. (NYSE:CFR) to Hold in a report released today.
- Updated: October 4, 2016
Yesterday Cullen Frost Bankers, Inc. (NYSE:CFR) traded 0.10% higher at $71.46. The company’s 50-day moving average is $70.93 and its 200-day moving average is $64.94. The last stock close price is up 10.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 391,970 shares of the stock were exchanged, down from an average trading volume of 472,111
Zacks Investment Research has downgraded Cullen Frost Bankers, Inc. (NYSE:CFR) to Hold in a report released on 10/04/2016.
Previously on 10/3/2016, Zacks Investment Research reported about Cullen Frost Bankers, Inc. (NYSE:CFR) raised the target price from $0.00 to $81.00. At the time, this indicated a possible upside of 0.13%.
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Cullen Frost Bankers, Inc. has a price-earnings ratio of 16.95 with a one year low of $42.41 and a one year high of $73.99 CFR’s total market value is presently $0.
A total of 14 analysts have released a report on Cullen Frost Bankers, Inc.. zero analysts rating the company a strong buy, one analyst rating the company a buy, twelve analysts rating the company a hold, four analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $62.93.
More About Cullen Frost Bankers, Inc. (NYSE:CFR)
Cullen/Frost Bankers, Inc. is a financial holding and bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. It serves various industries, such as energy, manufacturing, services, construction and retail. It operates through two segments, which include Banking and Frost Wealth Advisors. Its Banking segment includes both commercial and consumer banking services, Frost Insurance Agency and Frost Securities. Its Banking segment offers commercial banking services, such as lending and cash management products to corporations and other business clients. Its Frost Wealth Advisors segment includes fee-based services within private trust, retirement services and financial management services, including personal wealth management and securities brokerage services.
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