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Zacks Investment Research downgraded Hancock Holding Company (NASDAQ:HBHC) to Hold in a report released today.

Yesterday Hancock Holding Company (NASDAQ:HBHC) traded 2.00% higher at $48.40. The company’s 50-day moving average is $46.10 and its 200-day moving average is $43.81. The last stock close price is up 10.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 538,415 shares of the stock were exchanged, down from an average trading volume of 656,664

Zacks Investment Research has downgraded Hancock Holding Company (NASDAQ:HBHC) to Hold in a report released on 5/16/2017.

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Hancock Holding Company (NASDAQ:HBHC)

Hancock Holding Company has a 52 week low of $23.78 and a 52 week high of $49.50 with a P/E ratio of 20.28 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $26.58 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 10 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Hancock Holding Company (NASDAQ:HBHC)

Hancock Holding Company is a financial services company that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank (the Bank), a Mississippi state bank. The Company operates through overall banking operations segment. The 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, which consists of 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 range of transaction and savings deposit products, treasury management services and investment brokerage services, among others.

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