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Prosperity Bancshares
(NYSE:PB)Prosperity Bancshares Stock (NYSE:PB), Analyst Ratings, Price Targets, Predictions
Prosperity Bancshares Inc has a consensus price target of $68.17, established from looking at the 51 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, Truist Securities, and Barclays on April 9, 2024, April 1, 2024, and March 8, 2024. With an average price target of $71 between RBC Capital, Truist Securities, and Barclays, there's an implied 14.70% upside for Prosperity Bancshares Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
RBC Capital
Truist Securities
Barclays
Morgan Stanley
Raymond James
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Prosperity Bancshares
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 13.09% | RBC Capital | Jon Arfstrom | → $70 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 04/01/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 21.16% | Truist Securities | Brandon King | $75 → $75 | Maintains | Buy | Get Alert |
| 03/08/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 9.85% | Barclays | Jared Shaw | → $68 | Initiates | → Equal-Weight | Get Alert |
| 02/07/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 11.47% | Morgan Stanley | Manan Gosalia | → $69 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/25/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 13.09% | RBC Capital | Jon Arfstrom | → $70 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/05/2024 | PB | Buy Now | Prosperity Bancshares | $61.90 | 29.24% | Raymond James | Michael Rose | $65 → $80 | Maintains | Strong Buy | Get Alert |
| 12/15/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 21.16% | Truist Securities | Jennifer Demba | $61 → $75 | Maintains | Buy | Get Alert |
| 12/13/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 14.7% | UBS | Brody Preston | $65 → $71 | Maintains | Buy | Get Alert |
| 12/01/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 9.85% | Citigroup | Ben Gerlinger | → $68 | Initiates | → Buy | Get Alert |
| 10/26/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -1.45% | RBC Capital | Jon Arfstrom | $62 → $61 | Maintains | Sector Perform | Get Alert |
| 10/26/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -1.45% | Stephens & Co. | Matt Olney | $64 → $61 | Maintains | Equal-Weight | Get Alert |
| 10/26/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -11.15% | Wedbush | David Chiaverini | $58 → $55 | Maintains | Neutral | Get Alert |
| 10/26/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 5.01% | Raymond James | Michael Rose | $68 → $65 | Maintains | Strong Buy | Get Alert |
| 10/05/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 9.85% | Raymond James | David Feaster | → $68 | Upgrade | Outperform → Strong Buy | Get Alert |
| 09/28/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | 3.39% | UBS | Brody Preston | → $64 | Initiates | → Buy | Get Alert |
| 09/27/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -1.45% | Truist Securities | Jennifer Demba | $70 → $61 | Maintains | Buy | Get Alert |
| 09/27/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -7.92% | Morgan Stanley | Manan Gosalia | $60 → $57 | Maintains | Underweight | Get Alert |
| 09/18/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | — | Hovde Group | Joseph Fenech | — | Upgrade | Market Perform → Outperform | Get Alert |
| 08/01/2023 | PB | Buy Now | Prosperity Bancshares | $61.90 | -3.07% | Morgan Stanley | Manan Gosalia | $60 → $60 | Reiterates | Underweight → Underweight | Get Alert |
FAQ
What is the target price for Prosperity Bancshares (PB)?
The latest price target for Prosperity Bancshares (NYSE: PB) was reported by RBC Capital on April 9, 2024. The analyst firm set a price target for $70.00 expecting PB to rise to within 12 months (a possible 11.49% upside). 33 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Prosperity Bancshares (PB)?
The latest analyst rating for Prosperity Bancshares (NYSE: PB) was provided by RBC Capital, and Prosperity Bancshares reiterated their sector perform rating.
When was the last upgrade for Prosperity Bancshares (PB)?
The last upgrade for Prosperity Bancshares Inc happened on February 7, 2024 when Morgan Stanley raised their price target to $69. Morgan Stanley previously had an underweight for Prosperity Bancshares Inc.
When was the last downgrade for Prosperity Bancshares (PB)?
The last downgrade for Prosperity Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $58 to $60 for Prosperity Bancshares Inc.
When is the next analyst rating going to be posted or updated for Prosperity Bancshares (PB)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prosperity Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Prosperity Bancshares was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating Prosperity Bancshares (PB) correct?
While ratings are subjective and will change, the latest Prosperity Bancshares (PB) rating was a reiterated with a price target of $0.00 to $70.00. The current price Prosperity Bancshares (PB) is trading at is $62.79, which is within the analyst’s predicted range.
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