SouthState Corporation – Consensus points to potential upside of 2.6%
South State Corporation with ticker code (SSB) now have 8 analysts covering the stock with consensus suggesting a rating of Buy. The price target is between 93 and 76, where we calculate the middle price target of 86.88. With the shares’ previous close at 84.65, this would mean that there is a potential upside of 2.6%. The 50-day moving average is 82.25, while the 200-day moving average is 79.28. The company has a market capitalization of $5,771 million. For more information, visit: https://www.southstatebank.com
The potential market cap would be $5,923 million based on the market consensus.
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South State Corporation acts as the bank holding company for South State Bank, which provides a range of banking services and products. The Company accepts current accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, and consumer loans including auto, boat, and personal installment loans. In addition, the Company offers treasury management services, merchant services, debit card products, automated clearing house services, lockbox services, remote deposit capture services and other treasury services. As of December 31, 2020, it served customers through 285 stores in Florida, South Carolina, Alabama, Georgia, North Carolina and Virginia. The company was formerly known as First Financial Holdings and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.