Cullen/Frost Bankers (NYSE:CFR) Stock Price Target Cut by TD Cowen

Posted by Francis Steltz on Oct 7th, 2026

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) had its price objective lowered by equities researchers at TD Cowen from $185.00 to $178.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the bank’s stock. TD Cowen’s target price indicates a potential upside of 16.33% from the stock’s previous close.

Several other analysts have also commented on the company. Jefferies Financial Group upgraded Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and increased their price objective for the company from $135.00 to $160.00 in a report on Monday, July 6th. Zacks Research downgraded Cullen/Frost Bankers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 3rd. Keefe, Bruyette & Woods upped their target price on Cullen/Frost Bankers from $165.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Raymond James Financial reiterated a “market perform” rating on shares of Cullen/Frost Bankers in a research note on Wednesday, July 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Cullen/Frost Bankers in a report on Wednesday, July 15th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $170.18.

View Our Latest Report on CFR

Cullen/Frost Bankers Trading Down 0.5%

NYSE CFR opened at $153.01 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.05. The firm has a market cap of $9.51 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 2.35 and a beta of 0.56. The company has a 50 day moving average price of $162.01 and a 200 day moving average price of $151.04. Cullen/Frost Bankers has a 52 week low of $119.00 and a 52 week high of $170.80.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last announced its earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.15. Cullen/Frost Bankers had a net margin of 23.34% and a return on equity of 15.55%. The company had revenue of $576.01 million during the quarter, compared to the consensus estimate of $589.72 million. During the same period last year, the firm earned $2.39 earnings per share. As a group, sell-side analysts forecast that Cullen/Frost Bankers will post 10.94 EPS for the current fiscal year.

Hedge Funds Weigh In On Cullen/Frost Bankers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Cullen/Frost Bankers during the 2nd quarter valued at about $37,000. Global Retirement Partners LLC purchased a new position in shares of Cullen/Frost Bankers in the second quarter worth about $38,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Cullen/Frost Bankers in the first quarter worth about $41,000. GHP Investment Advisors Inc. acquired a new stake in shares of Cullen/Frost Bankers during the first quarter worth about $53,000. Finally, Root Financial Partners LLC lifted its holdings in shares of Cullen/Frost Bankers by 90.0% during the first quarter. Root Financial Partners LLC now owns 435 shares of the bank’s stock worth $60,000 after purchasing an additional 206 shares during the period. Hedge funds and other institutional investors own 86.90% of the company’s stock.

About Cullen/Frost Bankers

(Get Free Report)

Cullen/Frost Bankers, Inc is a financial holding company headquartered in San Antonio, Texas, and the parent company of Frost Bank. Through Frost, the company provides banking, investment, and financial services to individuals, businesses, and institutions.

Frost Bank offers personal and business deposit accounts, consumer and commercial lending, treasury management, payment services, and other banking products. Its wealth management operations provide trust, investment management, and financial planning services, while the company also offers services related to insurance and investment banking.

Founded in 1868 by Thomas Claiborne Frost, the company has a long history of serving Texas markets.