Cullen/Frost Bankers (CFR) : Traders are bullish on Cullen/Frost Bankers (CFR) as it has outperformed the S&P 500 by a wide margin of 6.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.67%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2% in the last 1 week, and is up 6.69% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.15% and the fifty day Moving Average is 8.14%. Cullen/Frost Bankers, Inc. is up 8.93% in the last three month period. Year-to-Date the stock performance stands at 23.04%.
Cullen/Frost Bankers (CFR) : Average target price received by Cullen/Frost Bankers (CFR) is $67.58 with an expected standard deviation of $8.43. The most aggressive target on the stock is $85, whereas the most downbeat target is $48. 13 financial analysts are currently covering the stock.
Cullen/Frost Bankers (NYSE:CFR): stock turned positive on Friday. Though the stock opened at $72.58, the bulls momentum made the stock top out at $73.0199 level for the day. The stock recorded a low of $71.9 and closed the trading day at $72.43, in the green by 0.24%. The total traded volume for the day was 347,948. The stock had closed at $72.26 in the previous days trading.
Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding and a bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, treasury management and item processing services. The Company serves industries, including energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation, among others. The Company operates in two segments: Banking and Frost Wealth Advisors. The Banking segment includes commercial and consumer banking services, Frost Securities, Inc. and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients. Consumer banking services include direct lending and depository services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services and financial management services.