In a report released today, Matt Olney from Stephens assigned a Hold rating to Hancock Whitney Corporation (HWC), with a price target of $41.00. The company’s shares closed last Monday at $39.63.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -0.3% and a 40.2% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and First Financial Bankshares.
Hancock Whitney Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $42.33.
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Based on Hancock Whitney Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $67.81 million. In comparison, last year the company had a net profit of $82.33 million.
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Hancock Whitney Corp. operates as a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, individuals, brokerage services, annuity products, life insurance, general insurance and agency services, including life, title insurance and consumer financing service. The company was founded in 1984 and is headquartered in Gulfport, MS.
