Piper Sandler has adjusted its price outlook for Great Southern Bancorp (GSBC, Financial), reducing the target from $62 to $58 while maintaining a Neutral rating. This revision reflects expectations of slower loan growth and a reduction in provisions, alongside an anticipated increase in share repurchase activities.
The changes in the firm's model suggest a strategic shift in Great Southern Bancorp's approach in the face of evolving market conditions. Despite the moderated growth forecast, the emphasis on stronger share buybacks highlights a commitment to returning value to shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Great Southern Bancorp Inc (GSBC, Financial) is $60.33 with a high estimate of $62.00 and a low estimate of $58.00. The average target implies an upside of 11.83% from the current price of $53.95. More detailed estimate data can be found on the Great Southern Bancorp Inc (GSBC) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Great Southern Bancorp Inc's (GSBC, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Great Southern Bancorp Inc (GSBC, Financial) in one year is $52.99, suggesting a downside of 1.78% from the current price of $53.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Great Southern Bancorp Inc (GSBC) Summary page.
