In a report issued on September 28, Blair Brantley from Brean Capital reiterated a Hold rating on South State (NASDAQ: SSB). The company’s shares opened today at $82.04, close to its 52-week low of $79.85.
According to TipRanks.com, Brantley is a 3-star analyst with an average return of 2.0% and a 48.2% success rate. Brantley covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, Carolina Financial Corporation, and Patriot National Bancorp Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for South State with a $87 average price target.
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The company has a one-year high of $94.50 and a one-year low of $79.85. Currently, South State has an average volume of 134K.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SSB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
South State Corp. is a bank holding company. It provides consumer, commercial, mortgage and wealth management solutions throughout the Carolinas, Georgia and Virginia. The company was founded on February 22, 1985 and is headquartered in Columbia, SC.
