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Analysts Offer Insights on Financial Companies: Ameris Bancorp (ABCB), SouthState Corporation (SSB) and Northeast Community Bancorp (NECB)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Ameris Bancorp (ABCBResearch Report), SouthState Corporation (SSBResearch Report) and Northeast Community Bancorp (NECBResearch Report).

Ameris Bancorp (ABCB)

In a report released today, Casey Whitman from Piper Sandler maintained a Buy rating on Ameris Bancorp, with a price target of $55.00. The company’s shares closed last Thursday at $47.51.

According to TipRanks.com, Whitman is a 4-star analyst with an average return of 8.5% and a 52.9% success rate. Whitman covers the Financial sector, focusing on stocks such as Orrstown Financial Services, First Community Bancshares, and Atlantic Union Bankshares.

Currently, the analyst consensus on Ameris Bancorp is a Strong Buy with an average price target of $56.33, representing a 18.4% upside. In a report released yesterday, KBW also assigned a Buy rating to the stock with a $60.00 price target.

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SouthState Corporation (SSB)

Piper Sandler analyst Stephen Scouten maintained a Buy rating on SouthState Corporation today and set a price target of $98.00. The company’s shares closed last Thursday at $78.96.

According to TipRanks.com, Scouten is a 4-star analyst with an average return of 6.2% and a 58.6% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Seacoast Banking Of Florida, and Pinnacle Financial Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SouthState Corporation with a $94.80 average price target, representing a 18.9% upside. In a report released today, KBW also assigned a Buy rating to the stock with a $95.00 price target.

Northeast Community Bancorp (NECB)

Piper Sandler analyst Justin Crowley maintained a Hold rating on Northeast Community Bancorp today and set a price target of $18.00. The company’s shares closed last Thursday at $15.70.

According to TipRanks.com, Crowley is a 3-star analyst with an average return of 2.6% and a 60.9% success rate. Crowley covers the Financial sector, focusing on stocks such as Esquire Financial Holdings, William Penn Bancorp, and Civista Bancshares.

The word on The Street in general, suggests a Hold analyst consensus rating for Northeast Community Bancorp with a $18.00 average price target.

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