Prosperity Bancshares – Consensus shows a potential upside of 7.6%.

Prosperity Bancshares with ticker code (PB) now has a total of 13 analysts covering the stock. The consensus rating is ‘Hold’. The range between the high price target and the low price target is between 83 and 64, calculating the average price target we have 78.08. With the stock’s previous close at 72.59, this indicates a potential upside of 7.6%. The 50 day moving average is 70.99 and the 200 day MA is 70.92. The company has a market cap of $6.861 million. You can visit the company’s website by visiting: https://www.prosperitybankusa.com

Based on the market consensus, the potential market cap would be $7.380M.

Prosperity Bancshares operates as the bank holding company for Prosperity Bank, which provides financial products and services to businesses and consumers. It accepts a variety of deposit products, such as demand, savings, money market and term accounts, as well as certificates of deposit. The company also offers 1-4 family residential mortgages, commercial real estate and multifamily residential, commercial and industrial, agricultural and real estate loans, as well as construction, land development and other land loans; consumer loans, including automobiles, recreational vehicles, boats, home improvements, personal and deposit accounts, secured loans; and loans for consumer durables and equity, as well as loans for working capital, business expansion, and the purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations, including 65 in the Houston area, including The Woodlands; 30 in the South Texas area, including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares was founded in 1983 and is based in Houston, Texas.