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Veritex (DE:47Y)
FRANKFURT:47Y

Veritex (47Y) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

47Y Analyst Ratings

Strong Buy
3Ratings
3 Buy
0 Hold
0 Sell
Based on 3 analysts giving stock ratings to
Veritex
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

47Y Stock 12 Month Forecast

Average Price Target

€24.57
▲(33.55% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for Veritex in the last 3 months. The average price target is €24.57 with a high forecast of €25.20 and a low forecast of €23.33. The average price target represents a 33.55% change from the last price of €18.40.
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Highest Price Target€25.20Average Price Target€24.57Lowest Price Target€23.33
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Stephens
€22.40
Hold
21.73%
Upside
Reiterated
01/25/24
Veritex price target lowered to $24 from $26 at StephensVeritex price target lowered to $24 from $26 at Stephens
Hovde Group
€19.13
Hold
3.98%
Upside
Downgraded
07/05/23
Veritex downgraded to Market Perform from Outperform at Hovde GroupVeritex downgraded to Market Perform from Outperform at Hovde Group

47Y Analyst Recommendation Trends

Rating
Oct 23
Dec 23
Jan 24
Mar 24
Apr 24
Strong Buy
0
0
0
0
0
Buy
7
5
7
5
8
Hold
3
1
2
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
10
6
9
6
9
In the current month, 47Y has received 8 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. 47Y average Analyst price target in the past 3 months is €24.57.
Each month's total comprises the sum of three months' worth of ratings.
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47Y Financial Forecast

47Y Earnings Forecast

Next quarter’s earnings estimate for 47Y is €0.50 with a range of €0.48 to €0.52. The previous quarter’s EPS was €0.41. 47Y beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.89% of the time in the same period. In the last calendar year 47Y has Underperformed its overall industry.
Next quarter’s earnings estimate for 47Y is €0.50 with a range of €0.48 to €0.52. The previous quarter’s EPS was €0.41. 47Y beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.89% of the time in the same period. In the last calendar year 47Y has Underperformed its overall industry.

47Y Sales Forecast

Next quarter’s sales forecast for 47Y is €101.21M with a range of €100.23M to €102.66M. The previous quarter’s sales results were €178.49M. 47Y beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 79.55% of the time in the same period. In the last calendar year 47Y has Outperformed its overall industry.
Next quarter’s sales forecast for 47Y is €101.21M with a range of €100.23M to €102.66M. The previous quarter’s sales results were €178.49M. 47Y beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 79.55% of the time in the same period. In the last calendar year 47Y has Outperformed its overall industry.

47Y Stock Forecast FAQ

What is DE:47Y’s average 12-month price target, according to analysts?
Based on analyst ratings, Veritex’s 12-month average price target is €24.57.
    What is DE:47Y’s upside potential, based on the analysts’ average price target?
    Veritex has 33.55% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Veritex a Buy, Sell or Hold?
          Veritex has a conensus rating of Strong Buy, which is based on 3 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Veritex’s share price target?
            The average share price target for Veritex is €24.57. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is €25.20 ,and the lowest forecast is €23.33. The average share price target represents 33.55% Increase from the current price of €18.4.
              What do analysts say about Veritex?
              Veritex’s analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
                How can I buy shares of Veritex?
                To buy shares of DE:47Y, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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