SouthState Corporation – Consensus Point to 2.6% Upside Potential
Southern State Corporation with ticker code (SSB) now have 8 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 93 and 76 by calculating the average target price we have 86.88. With the stock’s previous close at 84.65, this would imply 2.6% upside potential. 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. More information at: https://www.southstatebank.com
The potential market capitalization would be $5,923 million based on market consensus.
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South State Corporation operates as a bank holding company for South State Bank which provides a range of banking services and products. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit and other term deposits. It also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, as well as consumer loans, including auto, boat and personal installment loans. In addition, the Company provides cash management services, merchant services, debit card products, automated clearinghouse services, vault services, remote deposit capture services and other treasury services. As of December 31, 2020, it served customers at 285 branches 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.