Analysts at Sandler O’Neill began coverage on shares of CBTX (NASDAQ:CBTX) in a note issued to investors on Monday. The brokerage set a “hold” rating on the stock.
Other analysts have also issued reports about the company. Keefe, Bruyette & Woods initiated coverage on CBTX in a report on Monday. They issued a “market perform” rating on the stock. Stephens initiated coverage on CBTX in a report on Monday. They issued an “overweight” rating on the stock.
Shares of CBTX (CBTX) opened at $28.76 on Monday. CBTX has a twelve month low of $27.20 and a twelve month high of $29.84. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.97 and a current ratio of 0.97.
In other news, Vice Chairman J Pat Parsons purchased 1,387 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were bought at an average cost of $26.00 per share, for a total transaction of $36,062.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link
. Also, CFO R T. Pigott, Jr. purchased 2,500 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was purchased at an average price of $26.00 per share, for a total transaction of $65,000.00. The disclosure for this purchase can be found here
. Over the last 90 days, insiders bought 9,887 shares of company stock worth $257,062.
TRADEMARK VIOLATION NOTICE: “CBTX (CBTX) Coverage Initiated at Sandler O’Neill” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/06/cbtx-cbtx-coverage-initiated-at-sandler-oneill.html.
CBTX Company Profile
CBTX, Inc, formerly CBFH, Inc, is a bank holding company. Through its subsidiary, CommunityBank of Texas N.A., in Houston and Beaumont, Texas, the Bank is focused on providing commercial banking solutions to local small and mid-sized businesses and professionals in its markets. The Bank operates 18 branches located in the Houston market and its Beaumont market presence includes 16 branches.
Receive News & Stock Ratings for CBTX Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBTX Inc. and related stocks with our FREE daily email newsletter.