On a relative basis, the stock has outperformed the S&P 500 by 0.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.34% and the stock has fallen -2.81% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.04% and the 50-Day Moving Average is 0.34%.The 200 Day SMA reached 10.6% Prosperity Bancshares Inc. is up 6.52% in the last 3-month period. Year-to-Date the stock performance stands at 12.73%.
Prosperity Bancshares (PB) : 12 Wall Street analysts covering Prosperity Bancshares (PB) believe that the average level the stock could reach for the short term is $54.21. The maximum price target given is $60 and the minimum target for short term is around $48, hence the standard deviation is calculated at $3.88.
Company shares have received an average consensus rating of Hold for the current week Prosperity Bancshares (NYSE:PB): stock was range-bound between the intraday low of $52.19 and the intraday high of $53.33 after having opened at $52.63 on Fridays session. The stock finally closed in the red at $52.63, a loss of -0.39%. The stock remained in the red for the whole trading day. The total traded volume was 977,462 shares. The stock failed to cross $53.33 in Fridays trading. The stocks closing price on Thursday was $52.97.
Prosperity Bancshares, Inc. is a financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (the Bank). The Bank provides a range of financial products and services to small and medium-sized businesses and consumers. The Companys additional products and services include trust services, brokerage, mortgage lending, credit card and independent sales organization (ISO) sponsorship operations. Its traditional deposit products include certificates of deposit, interest checking accounts, savings accounts and overdraft protection. The Bank operates 245 full service banking locations, including 62 in the Houston area, 30 in the South Texas area, 36 in the Dallas/Fort Worth area, 22 in the East Texas area, 30 in the Central Texas area, 34 in the West Texas area, 16 in the Bryan/College Station area, six in the Central Oklahoma area and nine in the Tulsa, Oklahoma area.