Piper Sandler analyst Stephen Scouten maintained a Buy rating on SouthState Corporation (SSB – Research Report) today and set a price target of $85.00. The company’s shares closed yesterday at $66.27.
According to TipRanks, Scouten is a 3-star analyst with an average return of 1.8% and a 45.66% success rate. Scouten covers the Financial sector, focusing on stocks such as Hancock Whitney, Home Bancshares, and Seacoast Banking Of Florida.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SouthState Corporation with a $79.25 average price target.
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The company has a one-year high of $89.55 and a one-year low of $58.64. Currently, SouthState Corporation has an average volume of 372.4K.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SouthState Corporation (SSB) Company Description:
South State Corp. is a bank holding company. It provides banking services and products to customers through its subsidiary. The company was founded on February 22, 1985 and is headquartered in Columbia, SC.
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