In a report released today, Matt Olney from Stephens maintained a Hold rating on Renasant Corp (NASDAQ: RNST), with a price target of $50. The company’s shares closed yesterday at $35.47, close to its 52-week low of $35.35.
According to TipRanks.com, Olney is a 2-star analyst with an average return of 0.0% and a 41.5% success rate. Olney covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, First Western Financial Inc, and First Financial Bankshares.
Currently, the analyst consensus on Renasant Corp is a Moderate Buy with an average price target of $50.
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The company has a one-year high of $49.78 and a one-year low of $35.35. Currently, Renasant Corp has an average volume of 168.1K.
Based on the recent corporate insider activity of 92 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 RNST in relation to earlier this year.
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.
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, Wealth Management, and Other.
