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Prosperity Bancshares Inc has a consensus price target of $77.73 based on the ratings of 18 analysts. The high is $90 issued by Wedbush on October 24, 2024. The low is $68 issued by Citigroup on December 1, 2023. The 3 most-recent analyst ratings were released by Barclays, Barclays, and RBC Capital on December 20, 2024, December 5, 2024, and October 24, 2024, respectively. With an average price target of $83 between Barclays, Barclays, and RBC Capital, there's an implied 10.74% upside for Prosperity Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Prosperity Bancshares (NYSE:PB) was reported by Barclays on December 20, 2024. The analyst firm set a price target for $88.00 expecting PB to rise to within 12 months (a possible 17.41% upside). 26 analyst firms have reported ratings in the last year.
The latest analyst rating for Prosperity Bancshares (NYSE:PB) was provided by Barclays, and Prosperity Bancshares maintained their equal-weight rating.
The last upgrade for Prosperity Bancshares Inc happened on September 24, 2024 when Wedbush raised their price target to $90. Wedbush previously had a neutral for Prosperity Bancshares Inc.
The last downgrade for Prosperity Bancshares Inc happened on December 5, 2024 when Wolfe Research changed their price target from N/A to N/A for Prosperity Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prosperity Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Prosperity Bancshares was filed on December 20, 2024 so you should expect the next rating to be made available sometime around December 20, 2025.
While ratings are subjective and will change, the latest Prosperity Bancshares (PB) rating was a maintained with a price target of $84.00 to $88.00. The current price Prosperity Bancshares (PB) is trading at is $74.95, which is out of the analyst’s predicted range.
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