KBW analyst Catherine Mealor assigned a Buy rating to Southern States Bancshares (SSBK – Research Report) yesterday and set a price target of $35.00. The company’s shares closed yesterday at $24.20.
According to TipRanks, Mealor is a 5-star analyst with an average return of 12.2% and a 60.76% success rate. Mealor covers the Financial sector, focusing on stocks such as Southern States Bancshares, Cadence Bank, and Home Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Southern States Bancshares with a $35.00 average price target.
SSBK market cap is currently $212.9M and has a P/E ratio of 6.79.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
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Southern States Bancshares (SSBK) Company Description:
Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in our communities.
Read More on SSBK:
- SSBK Upcoming Earnings Report: What to Expect?
- Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 Per Share
- Southern States COO Jack Swift retires
- Southern States Bancshares Announces Retirement of COO Jack Swift
- Southern States upgraded to Outperform from Market Perform at Keefe Bruyette
