In a report released today, Matt Olney from Stephens maintained a Buy rating on BancorpSouth (BXS), with a price target of $33. The company’s shares opened today at $28.10.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -1.6% and a 41.5% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
BancorpSouth has an analyst consensus of Moderate Buy, with a price target consensus of $33.
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Based on BancorpSouth’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $66.68 million. In comparison, last year the company had a net profit of $37.52 million.
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BancorpSouth Bank engages in the management of branch locations as well additional mortgage, insurance, and loan production offices. It operates through the following segments: Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other.
