Prosperity Bancshares Inc has a consensus price target of $75.5 based on the ratings of 20 analysts. The high is $91 issued by Morgan Stanley on December 6, 2021. The low is $68 issued by Barclays on March 8, 2024. The 3 most-recent analyst ratings were released by Compass Point, RBC Capital, and DA Davidson on July 26, 2024, July 25, 2024, and July 25, 2024, respectively. With an average price target of $78.67 between Compass Point, RBC Capital, and DA Davidson, there's an implied 8.06% upside for Prosperity Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/26/2024 | Buy Now | 9.89% | Compass Point | David Rochester | $73 → $80 | Maintains | Buy | Get Alert |
07/25/2024 | Buy Now | 1.65% | RBC Capital | Jon Arfstrom | $70 → $74 | Maintains | Sector Perform | Get Alert |
07/25/2024 | Buy Now | 12.64% | DA Davidson | Peter Winter | $78 → $82 | Maintains | Buy | Get Alert |
07/25/2024 | Buy Now | 11.26% | Truist Securities | Brandon King | $68 → $81 | Maintains | Buy | Get Alert |
07/25/2024 | Buy Now | 3.02% | Wedbush | David Chiaverini | $63 → $75 | Maintains | Neutral | Get Alert |
07/25/2024 | Buy Now | 9.89% | Piper Sandler | Brett Rabatin | $73 → $80 | Maintains | Overweight | Get Alert |
07/08/2024 | Buy Now | -6.59% | Truist Securities | Brandon King | $75 → $68 | Maintains | Buy | Get Alert |
06/26/2024 | Buy Now | — | Stephens & Co. | Matt Olney | — | Upgrade | Equal-Weight → Overweight | Get Alert |
04/09/2024 | Buy Now | -3.85% | RBC Capital | Jon Arfstrom | → $70 | Reiterates | Sector Perform → Sector Perform | Get Alert |
04/01/2024 | Buy Now | 3.02% | Truist Securities | Brandon King | $75 → $75 | Maintains | Buy | Get Alert |
03/08/2024 | Buy Now | -6.59% | Barclays | Jared Shaw | → $68 | Initiates | → Equal-Weight | Get Alert |
02/07/2024 | Buy Now | -5.22% | Morgan Stanley | Manan Gosalia | → $69 | Upgrade | Underweight → Equal-Weight | Get Alert |
01/25/2024 | Buy Now | -3.85% | RBC Capital | Jon Arfstrom | → $70 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/05/2024 | Buy Now | 9.89% | Raymond James | Michael Rose | $65 → $80 | Maintains | Strong Buy | Get Alert |
12/15/2023 | Buy Now | 3.02% | Truist Securities | Jennifer Demba | $61 → $75 | Maintains | Buy | Get Alert |
12/13/2023 | Buy Now | -2.47% | UBS | Brody Preston | $65 → $71 | Maintains | Buy | Get Alert |
12/01/2023 | Buy Now | -6.59% | Citigroup | Ben Gerlinger | → $68 | Initiates | → Buy | Get Alert |
10/26/2023 | Buy Now | -16.21% | RBC Capital | Jon Arfstrom | $62 → $61 | Maintains | Sector Perform | Get Alert |
10/26/2023 | Buy Now | -16.21% | Stephens & Co. | Matt Olney | $64 → $61 | Maintains | Equal-Weight | Get Alert |
10/26/2023 | Buy Now | -24.45% | Wedbush | David Chiaverini | $58 → $55 | Maintains | Neutral | Get Alert |
10/26/2023 | Buy Now | -10.71% | Raymond James | Michael Rose | $68 → $65 | Maintains | Strong Buy | Get Alert |
10/05/2023 | Buy Now | -6.59% | Raymond James | David Feaster | → $68 | Upgrade | Outperform → Strong Buy | Get Alert |
09/28/2023 | Buy Now | -12.09% | UBS | Brody Preston | → $64 | Initiates | → Buy | Get Alert |
09/27/2023 | Buy Now | -16.21% | Truist Securities | Jennifer Demba | $70 → $61 | Maintains | Buy | Get Alert |
09/27/2023 | Buy Now | -21.7% | Morgan Stanley | Manan Gosalia | $60 → $57 | Maintains | Underweight | Get Alert |
09/18/2023 | Buy Now | — | Hovde Group | Joseph Fenech | — | Upgrade | Market Perform → Outperform | Get Alert |
08/01/2023 | Buy Now | -17.58% | Morgan Stanley | Manan Gosalia | $60 → $60 | Reiterates | Underweight → Underweight | Get Alert |
07/31/2023 | Buy Now | -17.58% | Morgan Stanley | Manan Gosalia | $60 → $60 | Reiterates | Underweight → Underweight | Get Alert |
07/27/2023 | Buy Now | -3.85% | Keefe, Bruyette & Woods | Brady Gailey | $72 → $70 | Maintains | Outperform | Get Alert |
07/27/2023 | Buy Now | -7.97% | Stephens & Co. | Matt Olney | $63 → $67 | Maintains | Equal-Weight | Get Alert |
07/27/2023 | Buy Now | -12.09% | Wedbush | David Chiaverini | → $64 | Reiterates | Neutral → Neutral | Get Alert |
07/27/2023 | Buy Now | -6.59% | Raymond James | Michael Rose | $65 → $68 | Maintains | Outperform | Get Alert |
07/07/2023 | Buy Now | -17.58% | Morgan Stanley | Manan Gosalia | $60 → $60 | Reiterates | Underweight → Underweight | Get Alert |
07/06/2023 | Buy Now | -10.71% | Raymond James | Michael Rose | $70 → $65 | Maintains | Outperform | Get Alert |
06/29/2023 | Buy Now | -12.09% | Truist Securities | Jennifer Demba | $71 → $64 | Maintains | Buy | Get Alert |
05/16/2023 | Buy Now | -17.58% | Morgan Stanley | Manan Gosalia | $58 → $60 | Downgrade | Equal-Weight → Underweight | Get Alert |
05/03/2023 | Buy Now | -6.59% | Wolfe Research | Bill Carcache | → $68 | Upgrade | Underperform → Outperform | Get Alert |
04/27/2023 | Buy Now | -1.1% | Stephens & Co. | Matt Olney | $77 → $72 | Maintains | Equal-Weight | Get Alert |
04/27/2023 | Buy Now | -6.59% | RBC Capital | Jon Arfstrom | $71 → $68 | Maintains | Sector Perform | Get Alert |
04/27/2023 | Buy Now | -1.1% | Keefe, Bruyette & Woods | Brady Gailey | $78 → $72 | Maintains | Outperform | Get Alert |
04/27/2023 | Buy Now | -13.46% | Wedbush | David Chiaverini | $67 → $63 | Maintains | Neutral | Get Alert |
04/06/2023 | Buy Now | -3.85% | Raymond James | Michael Rose | $85 → $70 | Maintains | Outperform | Get Alert |
03/23/2023 | Buy Now | -2.47% | Truist Securities | Jennifer Demba | $83 → $71 | Maintains | Buy | Get Alert |
03/13/2023 | Buy Now | 8.52% | DA Davidson | Peter Winter | → $79 | Upgrade | Neutral → Buy | Get Alert |
03/13/2023 | Buy Now | 4.4% | Janney Montgomery Scott | John Rodis | → $76 | Upgrade | Neutral → Buy | Get Alert |
02/21/2023 | Buy Now | 16.76% | Raymond James | Michael Rose | → $85 | Upgrade | Market Perform → Outperform | Get Alert |
01/26/2023 | Buy Now | 9.89% | Janney Montgomery Scott | John Rodis | → $80 | Downgrade | Buy → Neutral | Get Alert |
12/05/2022 | Buy Now | -5.22% | Morgan Stanley | Manan Gosalia | → $69 | Initiates | → Equal-Weight | Get Alert |
10/27/2022 | Buy Now | 7.14% | Stephens & Co. | Matt Olney | $79 → $78 | Maintains | Equal-Weight | Get Alert |
09/28/2022 | Buy Now | -3.85% | Wedbush | David Chiaverini | → $70 | Assumes | → Neutral | Get Alert |
06/15/2022 | Buy Now | 5.77% | Truist Securities | Jennifer Demba | $78 → $77 | Maintains | Buy | Get Alert |
05/26/2022 | Buy Now | -13.46% | Wolfe Research | Bill Carcache | $69 → $63 | Maintains | Underperform | Get Alert |
04/07/2022 | Buy Now | -5.22% | Wolfe Research | Bill Carcache | $78 → $69 | Downgrade | Peer Perform → Underperform | Get Alert |
12/16/2021 | Buy Now | — | Raymond James | Michael Rose | — | Downgrade | Outperform → Market Perform | Get Alert |
12/06/2021 | Buy Now | 25% | Morgan Stanley | Ken Zerbe | — | Maintains | Equal-Weight | Get Alert |
11/01/2021 | Buy Now | 14.01% | Morgan Stanley | — | — | Maintains | Equal-Weight | Get Alert |
08/02/2021 | Buy Now | 11.26% | Morgan Stanley | Ken Zerbe | — | Maintains | Equal-Weight | Get Alert |
07/29/2021 | Buy Now | 9.89% | Raymond James | Michael Rose | — | Maintains | Outperform | Get Alert |
The latest price target for Prosperity Bancshares (NYSE:PB) was reported by Compass Point on July 26, 2024. The analyst firm set a price target for $80.00 expecting PB to rise to within 12 months (a possible 9.89% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Prosperity Bancshares (NYSE:PB) was provided by Compass Point, and Prosperity Bancshares maintained their buy rating.
The last upgrade for Prosperity Bancshares Inc happened on June 26, 2024 when Stephens & Co. raised their price target to N/A. Stephens & Co. previously had an equal-weight for Prosperity Bancshares Inc.
The last downgrade for Prosperity Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $58 to $60 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 July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest Prosperity Bancshares (PB) rating was a maintained with a price target of $73.00 to $80.00. The current price Prosperity Bancshares (PB) is trading at is $72.80, which is out of the analyst’s predicted range.
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