In a report released yesterday, Catherine Mealor from KBW maintained a Hold rating on Renasant (RNST – Research Report), with a price target of $34.00. The company’s shares closed yesterday at $30.51.
Mealor covers the Financial sector, focusing on stocks such as Trustmark, Atlantic Union Bankshares, and Southern States Bancshares. According to TipRanks, Mealor has an average return of 12.1% and a 60.63% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Renasant with a $34.67 average price target.
The company has a one-year high of $34.60 and a one-year low of $22.67. Currently, Renasant has an average volume of 243.8K.
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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.
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