INDEP BANK GRP (IBTX) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of INDEP BANK GRP (IBTX) from NEUTRAL to UNDERPERFORM on August 05, 2014, with a target price of $46.00.

Independent Bank Group, Inc. is a bank holding company that conducts its business activities through its subsidiary, Independent Bank. The company offers personal and commercial banking services to businesses, professionals and individuals. Its services includes checking accounts, savings accounts, commercial real estate loans, interim construction loans, loans to professionals, residential first and second mortgage loans , loans to purchase cars, boats and other recreational vehicles. Independent Bank Group, Inc. is headquartered in McKinney, Texas.

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