Where Prosperity Bancshares Stands With Analysts
Portfolio Pulse from Benzinga Insights
Prosperity Bancshares (NYSE:PB) has received 9 analyst ratings in the last quarter, with an average price target of $62.22, which is a 2.28% decrease from the previous target of $63.67. The current price is $60.31, suggesting an implied upside. Ratings include 5 bullish, 3 indifferent, and 1 somewhat bearish, with no bearish or somewhat bullish ratings. Analysts rate stocks to provide investment guidance, but their opinions are not infallible.
December 01, 2023 | 3:00 pm
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Prosperity Bancshares has an average analyst price target of $62.22, down from $63.67, with a mix of bullish and indifferent ratings and a current price of $60.31.
The average price target suggests a potential upside for Prosperity Bancshares, which could lead to a positive short-term impact on the stock price. The decrease in the target price might be a concern, but the predominance of bullish ratings indicates a generally positive outlook from analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100