A statement released earlier today by Zacks Investment Research about Trustmark Corp (NASDAQ:TRMK) ups the target price to $31.00
- Updated: October 2, 2016
Boasting a price of $27.39, Trustmark Corp (NASDAQ:TRMK) traded 1.40% higher on the day. With the last close up 9.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trustmark Corp has recorded a 50-day average of $27.74 and a two hundred day average of $25.24. Volume of trade was down over the average, with 303,559 shares of TRMK changing hands under the typical 399,530
Zacks Investment Research bumped up the target of Trustmark Corp (NASDAQ:TRMK) to $31.00 stating a potential upside of 0.13%.
With a total market value of $0, Trustmark Corp has price-earnings ratio of 17.78 with a one year low of $19.75 and a one year high of $28.71 .
More About Trustmark Corp (NASDAQ:TRMK)
Trustmark Corporation (Trustmark) is a bank holding company. Trustmark's principal subsidiary is Trustmark National Bank (TNB). Through TNB and other subsidiaries, Trustmark operates as a financial services organization providing banking and other financial solutions through approximately 205 offices in Alabama, Florida, Mississippi, Tennessee and Texas. The Company operates through three segments: General Banking, Insurance and Wealth Management. TNB provides a range of commercial banking services to corporations and other business customers. TNB also provides deposit services, including checking, savings and money market accounts and certificates of deposit, as well as treasury management services. In addition, TNB provides customers with installment and real estate loans and lines of credit. TNB provides mortgage-banking services, including construction financing, production of conventional and government insured mortgages, secondary marketing and mortgage servicing.
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