KBW analyst Wood Lay maintained a Hold rating on Southside Bancshares (SBSI – Research Report) yesterday and set a price target of $35.00. The company’s shares closed yesterday at $27.67.
According to TipRanks, Lay is a 2-star analyst with an average return of 0.4% and a 42.86% success rate. Lay covers the Financial sector, focusing on stocks such as Bok Financial, Hilltop Holdings, and Sierra Bancorp.
Southside Bancshares has an analyst consensus of Hold, with a price target consensus of $34.33.
The company has a one-year high of $33.34 and a one-year low of $24.48. Currently, Southside Bancshares has an average volume of 135.3K.
Based on the recent corporate insider activity of 129 insiders, corporate insider sentiment is neutral on the stock. Last month, Lee Gibson, the PRES & CEO of SBSI sold 14,897.00 shares for a total of $450,932.19.
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 (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.
