Southside Bancshares Inc. Sets New 1-Year High at $27.73 (SBSI)
Southside Bancshares (NASDAQ:SBSI) set a new 52-week high during mid-day trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as high as $27.73 and last traded at $27.73, with a volume of 20,284 shares. The stock had previously closed at $27.29.
SBSI has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Southside Bancshares from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $29.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Southside Bancshares from $18.00 to $21.00 in a research note to investors on Monday, July 29th.
Southside Bancshares has a 52-week low of $19.1143 and a 52-week high of $27.74. The stock has a 50-day moving average of $26.16 and a 200-day moving average of $23.77. The company has a market cap of $495.6 million and a price-to-earnings ratio of 13.90.
Southside Bancshares, Inc (NASDAQ:SBSI) bank holding company for Southside Bank.
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