SunTrust downgraded Hancock Holding (NASDAQ:HBHC) from Buy to Neutral in a report released today.
- Updated: September 18, 2016
Yesterday Hancock Holding (NASDAQ:HBHC) traded 1.31% lower at $31.64. HBHC’s 50-day average is $30.97 and its 200-day moving average is $26.87. The last close is up 17.76% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trade volume was was up over the average, with 935,861 shares of HBHC changing hands over the typical 725,138 shares..
SunTrust has downgraded Hancock Holding(NASDAQ:HBHC) from Buy to Neutral in a report released 9/19/2016.
On 7/26/2016, Hovde Group released a statement about Hancock Holding(NASDAQ:HBHC) raised the target price from $27.00 to $32.00. At the time, this suggested an upside of 0.08%.
See Graphic Below:
A total of 12 brokerages have reported on Hancock Holding. Zero rate the stock a strong buy, one firm rate the company a buy, 10 firms rate the stock a hold, one firm rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target of $26.58
Hancock Holding has a price-earnings of 23 with a one-year low of $20.01 and a one-year high of $32.94 and has a total market value of $0.0.
General Company Details For Hancock Holding (NASDAQ:HBHC)
Hancock Holding Company (Hancock) is a financial services company that provides a network of service financial choices to the Gulf South region through its bank subsidiary, Whitney Bank, a Mississippi state bank. The Company operates through overall banking operations segment. Whitney Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas. The Bank operates across the Gulf South region comprising southern Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and panhandle regions of Florida; Houston, Texas, and Nashville, Tennessee. The Bank offers a range of traditional and online community banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, investment brokerage services, secured and unsecured loan products, and and letters of credit and similar financial guarantees.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.