D.A. Davidson analyst Gary Tenner maintained a Hold rating on Trustmark (TRMK – Research Report) today and set a price target of $34.00. The company’s shares closed yesterday at $29.36.
According to TipRanks, Tenner is a 5-star analyst with an average return of 10.8% and a 59.28% success rate. Tenner covers the Financial sector, focusing on stocks such as Banc of California, Western Alliance, and Hancock Whitney.
Trustmark has an analyst consensus of Hold, with a price target consensus of $32.25, a 9.84% upside from current levels. In a report released yesterday, Piper Sandler also assigned a Hold rating to the stock with a $29.00 price target.
The company has a one-year high of $28.57 and a one-year low of $18.61. Currently, Trustmark has an average volume of 269.4K.
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Trustmark (TRMK) Company Description:
Trustmark Corp. is a bank holding company. The firm engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management and Insurance. The General Banking segment offers traditional banking products & services, including commercial and consumer banking services, such as checking accounts, savings programs, overdraft facilities, commercial, installment & real estate loans, home equity loans, lines of credit, drive-in & night deposit services and safe deposit facilities. The Wealth Management segment provides integrating financial services and traditional banking products & services, such as private banking, money management, full-service brokerage, financial planning, personal & institutional trust and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded in 1968 and is headquartered in Jackson, MS.
