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Prosperity Bancshares

PBNYSE
Logo brought to you by Benzinga Data
$72.80
0.230.32%
At Close: -
$72.80
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Jul 24th, before the market open
The most recent conference call was at 11:30 AM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$91.00
Lowest Price Target1
$68.00
Consensus Price Target1
$75.50

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Prosperity Bancshares (NYSE:PB) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
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Feb
1
Mar
0
0
0
0
Apr
1
Jun
1
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Compass Point
RBC Capital
DA Davidson
Truist Securities
Wedbush

1calculated from analyst ratings

Analyst Ratings for Prosperity Bancshares

Buy NowGet Alert
07/26/2024Buy Now9.89%Compass Point
David Rochester
$73 → $80MaintainsBuyGet Alert
07/25/2024Buy Now1.65%RBC Capital
Jon Arfstrom
$70 → $74MaintainsSector PerformGet Alert
07/25/2024Buy Now12.64%DA Davidson
Peter Winter
$78 → $82MaintainsBuyGet Alert
07/25/2024Buy Now11.26%Truist Securities
Brandon King
$68 → $81MaintainsBuyGet Alert
07/25/2024Buy Now3.02%Wedbush
David Chiaverini
$63 → $75MaintainsNeutralGet Alert
07/25/2024Buy Now9.89%Piper Sandler
Brett Rabatin
$73 → $80MaintainsOverweightGet Alert
07/08/2024Buy Now-6.59%Truist Securities
Brandon King
$75 → $68MaintainsBuyGet Alert
06/26/2024Buy NowStephens & Co.
Matt Olney
UpgradeEqual-Weight → OverweightGet Alert
04/09/2024Buy Now-3.85%RBC Capital
Jon Arfstrom
→ $70ReiteratesSector Perform → Sector PerformGet Alert
04/01/2024Buy Now3.02%Truist Securities
Brandon King
$75 → $75MaintainsBuyGet Alert
03/08/2024Buy Now-6.59%Barclays
Jared Shaw
→ $68Initiates → Equal-WeightGet Alert
02/07/2024Buy Now-5.22%Morgan Stanley
Manan Gosalia
→ $69UpgradeUnderweight → Equal-WeightGet Alert
01/25/2024Buy Now-3.85%RBC Capital
Jon Arfstrom
→ $70ReiteratesSector Perform → Sector PerformGet Alert
01/05/2024Buy Now9.89%Raymond James
Michael Rose
$65 → $80MaintainsStrong BuyGet Alert
12/15/2023Buy Now3.02%Truist Securities
Jennifer Demba
$61 → $75MaintainsBuyGet Alert
12/13/2023Buy Now-2.47%UBS
Brody Preston
$65 → $71MaintainsBuyGet Alert
12/01/2023Buy Now-6.59%Citigroup
Ben Gerlinger
→ $68Initiates → BuyGet Alert
10/26/2023Buy Now-16.21%RBC Capital
Jon Arfstrom
$62 → $61MaintainsSector PerformGet Alert
10/26/2023Buy Now-16.21%Stephens & Co.
Matt Olney
$64 → $61MaintainsEqual-WeightGet Alert
10/26/2023Buy Now-24.45%Wedbush
David Chiaverini
$58 → $55MaintainsNeutralGet Alert
10/26/2023Buy Now-10.71%Raymond James
Michael Rose
$68 → $65MaintainsStrong BuyGet Alert
10/05/2023Buy Now-6.59%Raymond James
David Feaster
→ $68UpgradeOutperform → Strong BuyGet Alert
09/28/2023Buy Now-12.09%UBS
Brody Preston
→ $64Initiates → BuyGet Alert
09/27/2023Buy Now-16.21%Truist Securities
Jennifer Demba
$70 → $61MaintainsBuyGet Alert
09/27/2023Buy Now-21.7%Morgan Stanley
Manan Gosalia
$60 → $57MaintainsUnderweightGet Alert
09/18/2023Buy NowHovde Group
Joseph Fenech
UpgradeMarket Perform → OutperformGet Alert
08/01/2023Buy Now-17.58%Morgan Stanley
Manan Gosalia
$60 → $60ReiteratesUnderweight → UnderweightGet Alert
07/31/2023Buy Now-17.58%Morgan Stanley
Manan Gosalia
$60 → $60ReiteratesUnderweight → UnderweightGet Alert
07/27/2023Buy Now-3.85%Keefe, Bruyette & Woods
Brady Gailey
$72 → $70MaintainsOutperformGet Alert
07/27/2023Buy Now-7.97%Stephens & Co.
Matt Olney
$63 → $67MaintainsEqual-WeightGet Alert
07/27/2023Buy Now-12.09%Wedbush
David Chiaverini
→ $64ReiteratesNeutral → NeutralGet Alert
07/27/2023Buy Now-6.59%Raymond James
Michael Rose
$65 → $68MaintainsOutperformGet Alert
07/07/2023Buy Now-17.58%Morgan Stanley
Manan Gosalia
$60 → $60ReiteratesUnderweight → UnderweightGet Alert
07/06/2023Buy Now-10.71%Raymond James
Michael Rose
$70 → $65MaintainsOutperformGet Alert
06/29/2023Buy Now-12.09%Truist Securities
Jennifer Demba
$71 → $64MaintainsBuyGet Alert
05/16/2023Buy Now-17.58%Morgan Stanley
Manan Gosalia
$58 → $60DowngradeEqual-Weight → UnderweightGet Alert
05/03/2023Buy Now-6.59%Wolfe Research
Bill Carcache
→ $68UpgradeUnderperform → OutperformGet Alert
04/27/2023Buy Now-1.1%Stephens & Co.
Matt Olney
$77 → $72MaintainsEqual-WeightGet Alert
04/27/2023Buy Now-6.59%RBC Capital
Jon Arfstrom
$71 → $68MaintainsSector PerformGet Alert
04/27/2023Buy Now-1.1%Keefe, Bruyette & Woods
Brady Gailey
$78 → $72MaintainsOutperformGet Alert
04/27/2023Buy Now-13.46%Wedbush
David Chiaverini
$67 → $63MaintainsNeutralGet Alert
04/06/2023Buy Now-3.85%Raymond James
Michael Rose
$85 → $70MaintainsOutperformGet Alert
03/23/2023Buy Now-2.47%Truist Securities
Jennifer Demba
$83 → $71MaintainsBuyGet Alert
03/13/2023Buy Now8.52%DA Davidson
Peter Winter
→ $79UpgradeNeutral → BuyGet Alert
03/13/2023Buy Now4.4%Janney Montgomery Scott
John Rodis
→ $76UpgradeNeutral → BuyGet Alert
02/21/2023Buy Now16.76%Raymond James
Michael Rose
→ $85UpgradeMarket Perform → OutperformGet Alert
01/26/2023Buy Now9.89%Janney Montgomery Scott
John Rodis
→ $80DowngradeBuy → NeutralGet Alert
12/05/2022Buy Now-5.22%Morgan Stanley
Manan Gosalia
→ $69Initiates → Equal-WeightGet Alert
10/27/2022Buy Now7.14%Stephens & Co.
Matt Olney
$79 → $78MaintainsEqual-WeightGet Alert
09/28/2022Buy Now-3.85%Wedbush
David Chiaverini
→ $70Assumes → NeutralGet Alert
06/15/2022Buy Now5.77%Truist Securities
Jennifer Demba
$78 → $77MaintainsBuyGet Alert
05/26/2022Buy Now-13.46%Wolfe Research
Bill Carcache
$69 → $63MaintainsUnderperformGet Alert
04/07/2022Buy Now-5.22%Wolfe Research
Bill Carcache
$78 → $69DowngradePeer Perform → UnderperformGet Alert
12/16/2021Buy NowRaymond James
Michael Rose
DowngradeOutperform → Market PerformGet Alert
12/06/2021Buy Now25%Morgan Stanley
Ken Zerbe
MaintainsEqual-WeightGet Alert
11/01/2021Buy Now14.01%Morgan StanleyMaintainsEqual-WeightGet Alert
08/02/2021Buy Now11.26%Morgan Stanley
Ken Zerbe
MaintainsEqual-WeightGet Alert
07/29/2021Buy Now9.89%Raymond James
Michael Rose
MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Prosperity Bancshares (PB) stock?

A

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.

Q

What is the most recent analyst rating for Prosperity Bancshares (PB)?

A

The latest analyst rating for Prosperity Bancshares (NYSE:PB) was provided by Compass Point, and Prosperity Bancshares maintained their buy rating.

Q

When was the last upgrade for Prosperity Bancshares (PB)?

A

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.

Q

When was the last downgrade for Prosperity Bancshares (PB)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Prosperity Bancshares (PB)?

A

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.

Q

Is the Analyst Rating Prosperity Bancshares (PB) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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