In a report released on January 26, Brady Gailey from KBW maintained a Hold rating on Southside Bancshares (SBSI – Research Report), with a price target of $34.00. The company’s shares closed last Friday at $30.98.
Gailey covers the Financial sector, focusing on stocks such as Bok Financial, First Horizon, and Prosperity Bancshares. According to TipRanks, Gailey has an average return of 9.7% and a 65.50% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Southside Bancshares with a $34.00 average price target.
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The company has a one-year high of $38.57 and a one-year low of $24.78. Currently, Southside Bancshares has an average volume of 112.9K.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is neutral on the stock.
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Southside Bancshares (SBSI) Company Description:
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:
- Options Volatility and Implied Earnings Moves Today, January 26, 2024
- Southside Bancshares reports Q4 EPS 57c, consensus 66c
- Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
- Is SBSI a Buy, Before Earnings?
- Southside Bancshares, Inc. Announces Fourth Quarter And Year End Earnings Call
