Southside Bancshares Inc has a consensus price target of $33.67 based on the ratings of 3 analysts. The high is $34 issued by Keefe, Bruyette & Woods on July 27, 2023. The low is $33 issued by Piper Sandler on April 26, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Stephens & Co., and Piper Sandler on July 27, 2023, July 26, 2023, and April 26, 2023, respectively. With an average price target of $33.67 between Keefe, Bruyette & Woods, Stephens & Co., and Piper Sandler, there's an implied -3.75% downside for Southside Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Southside Bancshares (NYSE:SBSI) was reported by Keefe, Bruyette & Woods on July 27, 2023. The analyst firm set a price target for $34.00 expecting SBSI to fall to within 12 months (a possible -2.80% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Southside Bancshares (NYSE:SBSI) was provided by Keefe, Bruyette & Woods, and Southside Bancshares maintained their market perform rating.
There is no last upgrade for Southside Bancshares
There is no last downgrade for Southside Bancshares.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Southside 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 Southside Bancshares was filed on July 27, 2023 so you should expect the next rating to be made available sometime around July 27, 2024.
While ratings are subjective and will change, the latest Southside Bancshares (SBSI) rating was a maintained with a price target of $31.00 to $34.00. The current price Southside Bancshares (SBSI) is trading at is $34.98, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.