Stephens analyst Matt Olney maintained a Hold rating on Trustmark Corp (NASDAQ: TRMK) today and set a price target of $35. The company’s shares closed yesterday at $30.33, close to its 52-week low of $29.78.
According to TipRanks.com, Olney is a 2-star analyst with an average return of 0.0% and a 39.1% success rate. Olney covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, First Western Financial Inc, and First Financial Bankshares.
Trustmark Corp has an analyst consensus of Hold, with a price target consensus of $35.25.
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Based on Trustmark Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $39.81 million. In comparison, last year the company had a net profit of $34.58 million.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock.
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Trustmark Corp. is a bank holding company, which engages in the provision of banking, wealth management and insurance solutions through its subsidiaries, including Trustmark National Bank, Trustmark Investment Advisors, Inc. and Fisher Brown Bottrell Insurance, Inc.
