Hancock Whitney Corporation Got Some Good News


Stephens analyst Matt Olney upgraded Hancock Whitney Corporation (NASDAQ: HWC) to Buy today. The company’s shares closed yesterday at $50.70.

According to TipRanks.com, Olney is a 4-star analyst with an average return of 8.9% and a 72.3% success rate. Olney covers the Financial sector, focusing on stocks such as First Financial Bankshares, Allegiance Bancshares Inc, and Texas Capital Bancshares.

Hancock Whitney Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $58.

See today’s analyst top recommended stocks >>

The company has a one-year high of $56.40 and a one-year low of $41.05. Currently, Hancock Whitney Corporation has an average volume of 537.6K.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HWC in relation to earlier this year. Last month, Eric Nickelsen, a Director at HWC bought 1,881 shares for a total of $82,350.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service. The company was founded in 1984 and is headquartered in Gulfport, MS.

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