SouthState Corporation – Consensus points to potential upside of 24.1%
South State Corporation with the ticker symbol (SSB) now have a total of 8 analysts covering the stock. The consensus rating is buy. The range between the high target price and the low target price is between 100 and 85, if we calculate the middle target price we have 91.13. Given that the previous stock close was 73.44, this would mean there is a potential upside of 24.1%. There is a 50-day moving average of 77.82 and the 200-day MA is 80.04. The company has a market capitalization of $5,627 million. For more information, visit: https://www.southstatebank.com
The potential market cap would be $6,983 million based on the market consensus.
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SouthState Corporation functions as the bank holding company of SouthState Bank, National Association, which provides a range of banking services and products to individuals and businesses. Checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit, money market accounts and other time deposits are accepted. The Company also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, and consumer loans, including auto, boat, and personal installment loans. It also offers debit card, mobile and money transfer products and treasury management services including merchant, automated clearing house, safe deposit box, remote deposit capture and other treasury services. In addition, the Company offers safe deposit boxes, money orders, remittances, brokerage services and alternative investment products including annuities, mutual funds, and trustee and wealth management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 stores in Florida, South Carolina, Alabama, Georgia, North Carolina and Virginia. SouthState Corporation also serves its customers through online, mobile and telephone banking platforms. The company was formerly known as First Financial Holdings and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.