Prosperity Bancshares, Inc. – Consensus ‘buy’ rating and 13.0% Upside Potential

Broker Ratings
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Prosperity Bancshares, Inc. with ticker code (PB) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 76 and 60 calculating the mean target price we have $69.00. Given that the stocks previous close was at $61.06 this now indicates there is a potential upside of 13.0%. There is a 50 day moving average of $61.03 and the 200 day MA is $69.74. The market cap for the company is 5.67B. The current share price for the company is: 60.1 USD

The potential market cap would be $6,403,028,162 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 10.42, revenue per share of 12.66 and a 1.39% return on assets.

Prosperity Bancshares, Inc. is a financial holding company. The Company operates through its Prosperity Bank (the Bank). The Bank provides a range of financial products and services to businesses and consumers throughout Texas and Oklahoma. The Bank operates approximately 272 full-service banking locations: 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 62 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.

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