Analyst Revises Triumph Bancorp, Inc. (NASDAQ:TBK) Stock Target


Triumph Bancorp, Inc. (NASDAQ:TBK) mean price target has been set at $18.2000 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.2900 in the near-term quarter and $1.1400 for the ongoing fiscal. The market cap of Triumph Bancorp, Inc. was recorded at $296.12M after the stock closed at $16.3501 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Triumph Bancorp, Inc. (NASDAQ:TBK) has a P/E ratio of 15.0970. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Triumph Bancorp, Inc. (NASDAQ:TBK) PEG ratio sits at 1.1800. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Triumph Bancorp, Inc. visibly illustrates that the 50-day MA of Triumph Bancorp, Inc. is $16.0624, and stock is trading 0.2877 or +1.7911% distant from $16.0624. The 200-day MA is $15.2547, and this price is $1.0954 or +7.1807% off from current level. Triumph Bancorp, Inc. (NASDAQ:TBK) 52-week high is $18.5180 and the 52-week low is $12.5100. This represents that if the stock moves $-2.1679 points up on the chart to make a 52-week high. But, if it declines $+30.6962%, then the shares price can hit a new 52-week low.

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