Trustmark Corp (TRMK) Receives a Hold from SunTrust Robinson


SunTrust Robinson analyst Jennifer Demba maintained a Hold rating on Trustmark Corp (NASDAQ: TRMK) today and set a price target of $31. The company’s shares opened today at $29.51, close to its 52-week low of $28.56.

According to TipRanks.com, Demba is a 4-star analyst with an average return of 6.2% and a 56.9% success rate. Demba covers the Financial sector, focusing on stocks such as Texas Capital Bancshares, United Community Banks, and Prosperity Bancshares.

Currently, the analyst consensus on Trustmark Corp is a Hold with an average price target of $34, which is a 15.2% upside from current levels. In a report issued on October 25, Stephens also assigned a Hold rating to the stock with a $32 price target.

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Based on Trustmark Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $36.25 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.

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.

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.

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