Piper Sandler analyst Graham Dick assigned a Hold rating to Southside Bancshares (SBSI – Research Report) today and set a price target of $33.00. The company’s shares closed last Friday at $27.45.
According to TipRanks, Dick is an analyst with an average return of -11.3% and a 33.33% success rate. Dick covers the Financial sector, focusing on stocks such as Home Bancorp, Southside Bancshares, and ServisFirst Bancshares.
Currently, the analyst consensus on Southside Bancshares is a Hold with an average price target of $33.00.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $40.86 and a one-year low of $26.24. Currently, Southside Bancshares has an average volume of 157.6K.
Based on the recent corporate insider activity of 152 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SBSI in relation to earlier this year. Most recently, in March 2023, DAVIS SUNI M, the CRO of SBSI bought 1,455.00 shares for a total of $33,290.40.
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.
Southside Bancshares, Inc. operates as a bank holding company of Southside Bank. It offers checking, saving & retirement accounts, certificate of deposits, debit, credit cards, mobile banking, loans, mortgage & equity lending, identity theft prevention, electronic banking, healthcare banking and business loans. The company was founded in 1960 and is headquartered in Tyler, TX.
Read More on SBSI:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of May 22, 2023
- Southside Bancshares, Inc. Declares Cash Dividend
- Southside Bancshares price target lowered to $33 from $36 at Piper Sandler
- Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2023
- Southside Bancshares, Inc. Announces First Quarter Earnings Call
