Zacks Investment Research downgraded Hancock Holding Company (NASDAQ:HBHC) to Hold in a report released today.
- Updated: September 26, 2016
Yesterday Hancock Holding Company (NASDAQ:HBHC) traded -2.23% lower at $31.26. The company’s 50-day moving average is $31.61 and its 200-day moving average is $27.24. The last stock close price is up 14.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 382,984 shares of HBHC traded hands, down from an avg. volume of 694,731
Zacks Investment Research has downgraded Hancock Holding Company (NASDAQ:HBHC) to Hold in a report released on 9/26/2016.
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Hancock Holding Company has a 52 week low of $20.01 and a 52 week high of $32.94 with a P/E ratio of 23.18 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a report on the company. The average stock price target is $26.58 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 10 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Hancock Holding Company (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 letters of credit and similar financial guarantees.
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