Prosperity Bancshares (PB) to Release Earnings on Friday
Prosperity Bancshares (NYSE:PB) is scheduled to be releasing its earnings data on Friday, January 24th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Prosperity Bancshares (NYSE:PB) opened at 62.65 on Thursday. Prosperity Bancshares has a 52 week low of $44.12 and a 52 week high of $65.49. The stock’s 50-day moving average is $62.49 and its 200-day moving average is $61.52. The company has a market cap of $4.132 billion and a P/E ratio of 17.86.
PB has been the subject of a number of recent research reports. Analysts at Portales Partners initiated coverage on shares of Prosperity Bancshares in a research note to investors on Thursday, January 9th. They set a “sector perform” rating on the stock. On the ratings front, analysts at Deutsche Bank raised their price target on shares of Prosperity Bancshares from $62.00 to $66.00 in a research note to investors on Wednesday, January 8th. They now have a “hold” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Prosperity Bancshares in a research note to investors on Monday, December 30th. They now have a $66.00 price target on the stock. Thirteen equities research analysts have rated the stock with a hold rating, Prosperity Bancshares presently has a consensus rating of “Hold” and an average price target of $60.88.
Prosperity Bancshares, Inc, incorporated on December 22, 1983, is a financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (NYSE:PB).
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