Why Cullen/Frost Bankers, Inc. (NYSE:CFR) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $63.00 on Cullen/Frost Bankers, Inc. (NYSE:CFR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $4.42 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Cullen/Frost Bankers, Inc. (NYSE:CFR) stands at 14.63. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Cullen/Frost Bankers, Inc. Comm, the PEG ratio for coming 3-5 years is 2.59. Technical Analysis The technical analysis highlights that Cullen/Frost Bankers, Inc. Comm current price is trading $-1.94 points away -3.03% from $64.02, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $57.27 and, for now, the stock price is trading $4.81 or +8.40% away from that point. The 52-week high of Cullen/Frost Bankers, Inc. (NYSE:CFR) was $76.72 while lowest point recorded in 52-week was $42.41. It implies if stock price makes a movement of over $-14.64, it will record a new 52-week high. In the case of $+46.38% points drop, it will touch a new 52-week low.

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