Report
EUR 12.77 For Business Accounts Only

An unfavourable environment weighs on LEGACYTEXAS FGP.INCO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of LEGACYTEXAS FGP.INCO. (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title still shows 3 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 6, 2019, the closing price was USD 40.47 and its target price was estimated at USD 34.68.
Underlying
LegacyTexas Financial Group Inc.

LegacyTexas Financial Group is a bank holding company. Through its wholly owned subsidiary, LegacyTexas Bank, the company's principal business consists of accepting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one-to-four family residences and consumer loans. The company provides a range of deposit accounts that provide a range of interest rates and terms, generally including savings, money market, certificate of deposit and demand accounts.

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TheScreener
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