CrossFirst Bankshares’ (CFB) Outperform Rating Reiterated at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods restated their outperform rating on shares of CrossFirst Bankshares (NASDAQ:CFB) in a research note released on Wednesday, Benzinga reports. The brokerage currently has a $20.00 price target on the stock, up from their prior price target of $17.00.

Separately, Stephens reaffirmed an overweight rating and issued a $17.00 price target on shares of CrossFirst Bankshares in a research note on Tuesday. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, CrossFirst Bankshares currently has an average rating of Moderate Buy and an average price target of $17.67.

CrossFirst Bankshares Stock Performance

CrossFirst Bankshares stock opened at $17.84 on Wednesday. CrossFirst Bankshares has a fifty-two week low of $9.71 and a fifty-two week high of $18.26. The stock has a market cap of $879.33 million, a price-to-earnings ratio of 12.93 and a beta of 1.04. The stock’s 50 day simple moving average is $13.78 and its two-hundred day simple moving average is $13.38. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 0.96.

Hedge Funds Weigh In On CrossFirst Bankshares

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Comerica Bank purchased a new stake in shares of CrossFirst Bankshares in the 1st quarter worth approximately $181,000. Price T Rowe Associates Inc. MD boosted its holdings in CrossFirst Bankshares by 18.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 12,920 shares of the company’s stock worth $179,000 after acquiring an additional 1,985 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in shares of CrossFirst Bankshares in the first quarter worth $298,000. EntryPoint Capital LLC increased its holdings in shares of CrossFirst Bankshares by 182.8% during the first quarter. EntryPoint Capital LLC now owns 3,549 shares of the company’s stock valued at $49,000 after acquiring an additional 2,294 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of CrossFirst Bankshares by 1.0% during the first quarter. Vanguard Group Inc. now owns 2,268,832 shares of the company’s stock valued at $31,401,000 after acquiring an additional 22,073 shares in the last quarter. Institutional investors own 56.29% of the company’s stock.

About CrossFirst Bankshares

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial and industrial loans, including enterprise value lending; commercial real estate loans; construction and development loans, such as home builder lending; residential real estate, multifamily real estate, energy, SBA, and consumer loans; and credit cards.