Cullen/Frost Bankers (CFR) is currently trading at $127.47, with a Relative Strength Index (RSI) of 29.4, indicating an oversold condition. This suggests potential buying opportunities as heavy selling may be exhausting. The stock is trading below its 50-day and 200-day moving averages, which are currently at $137.98 and $120.54, respectively.
The Fibonacci levels for CFR indicate a pivot point at $133.61, with resistance levels at $139.34 and $142.88. The support levels are at $127.87 and $124.33. The stock is currently trading near the lower end of its Fibonacci range, suggesting potential upside if it breaks above the pivot point.
CFR has been highlighted as a strong candidate for investment due to its expected sales growth rate of 4.1% in 2025. Analysts have also recommended CFR as a promising dividend stock, with a trailing yield of approximately 2.7%. The stock has a Zacks Rank #1, indicating strong buy potential.
Based on the oversold condition and positive analyst sentiment, CFR is expected to rebound next week. The stock is likely to test the $133.61 Fibonacci pivot level, with a potential upside target of $139.34 if the bullish momentum continues.
Buy CFR at the current price of $127.47, with a target price of $132.50 for the next trading week. The stock is undervalued at its current level, and the oversold condition coupled with positive analyst sentiment makes it a strong candidate for a short-term bullish move.
The price of CFR is predicted to go up -14.56%, based on the high correlation periods with PSMT. The similarity of these two price pattern on the periods is 96.39%.
CFR
PSMT
Morgan Stanley
2025-03-13
Price Target
$132 → $120
Upside
+0.11%
Compass Point
2024-12-10
Price Target
$122 → $145
Upside
+5.53%
Compass Point
2024-11-05
Price Target
$111 → $122
Downside
-3.89%