Stephens Sticks to Their Sell Rating for South State (SSB)

By Austin Angelo

In a report released today, Tyler Stafford from Stephens maintained a Sell rating on South State (SSBResearch Report), with a price target of $63. The company’s shares closed yesterday at $75.72.

According to TipRanks.com, Stafford is a 3-star analyst with an average return of 3.0% and a 47.4% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Amerant Bancorp Inc. Class A.

South State has an analyst consensus of Moderate Buy, with a price target consensus of $90.

See today’s analyst top recommended stocks >>

The company has a one-year high of $85.50 and a one-year low of $56.55. Currently, South State has an average volume of 146.4K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock.

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 banking services and products to customers through its subsidiary. The company was founded on February 22, 1985 and is headquartered in Columbia, SC.