Renasant Corp. (NASDAQ:RNST) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 16, 2016
Zacks Investment Research has upgraded Renasant Corp.(NASDAQ:RNST) to Hold in a report released on 9/17/2016.
Boasting a price of $33.89, Renasant Corp. (NASDAQ:RNST) traded 0.24% lower on the day. With the last close up 1.57% from the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the same time. The company has registered a 50-day average of $33.90 and two hundred day moving average of $33.29. Trade volume was was up over the average, with 370,747 shares of RNST changing hands over the typical 162,909 shares.
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Renasant Corp. has a P/E of 17 with a one-year low of $29.49 and a 52 week high of $37.28. Renasant Corp.’s market capitalization is currently $0.0.
Brief Synopsis On Renasant Corp. (NASDAQ:RNST)
Renasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance), a subsidiary of the Bank with operations in Mississippi. The Company operates through three segments: Community Banks segment, Insurance segment and Wealth Management segment. The Community Banks segment offers a range of banking and financial services to individuals and small to medium-sized businesses. The Insurance segment includes an insurance agency offering all lines of commercial and personal insurance through major carriers. The Wealth Management segment offers a range of fiduciary services, which includes the administration and management of trust accounts, including personal and corporate benefit accounts, self-directed individual retirement accounts (IRAs), and custodial accounts. In addition, the Wealth Management segment offers annuities, and mutual funds and other investment services through a third-party broker-dealer.
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