In a report released today, Kevin Fitzsimmons from D.A. Davidson reiterated a Buy rating on Renasant (RNST – Research Report). The company’s shares closed last Friday at $23.91.
Fitzsimmons covers the Financial sector, focusing on stocks such as Ameris Bancorp, Capital City Bank, and First Bancorp. According to TipRanks, Fitzsimmons has an average return of -0.1% and a 36.36% success rate on recommended stocks.
Renasant has an analyst consensus of Hold, with a price target consensus of $28.33.
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RNST market cap is currently $1.34B and has a P/E ratio of 8.25.
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Renasant (RNST) Company Description:
Renasant Corp. is a bank holding company, which engages in the provision of financial, fiduciary, and insurance services through its the Renasant Bank. It operates through the following segments: Community Banks, Insurance and Wealth Management. The Community Banks segment delivers banking and financial services to individuals and small to medium sized businesses including checking and savings accounts, business and personal loans, interim construction loans, specialty commercial lending, as well as safe deposit and night depository facilities. The Insurance segment includes full service insurance agency offering lines of commercial and personal insurance. The Wealth Management segment provides fiduciary services and administer qualified retirement plans, profit sharing and other employee benefit plans, personal trusts and estates. The company was founded in 1982 and is headquartered in Tupelo, MS.
Read More on RNST:
- Renasant Corporation Announces Earnings for the Third Quarter of 2023
- RNST Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Renasant Announces 2023 Third Quarter Webcast and Conference Call Information
- Renasant price target lowered to $27 from $34 at Truist
- Renasant announces transfer of listing of common stock to NYSE
