SouthState Corporation: Consensus Indicates 2.6% Upside Potential

Southern State Corporation Stock ticker (SSB) now has 8 analysts covering the stock with the consensus suggesting a ‘Buy’ rating. The target price ranges between 93 and 76, 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 dollars. Learn more at:

The potential market capitalization would be $5,923 million based on the market consensus.

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South State Corporation operates as the banking holding company for South State Bank providing a variety of banking products and services. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit and other time 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 offers treasury management services, merchant services, debit card products, automated clearinghouse services, safe deposit box services, remote deposit capture services, and other treasury services. As of December 31, 2020, it served clients through 285 branches in Florida, South Carolina, Alabama, Georgia, North Carolina and Virginia. The company was previously 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.

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