Zacks Investment Research upgraded BancorpSouth, Inc. (NYSE:BXS) to Hold in a report released today.
- Updated: October 3, 2016
Zacks Investment Research has upgraded BancorpSouth, Inc. (NYSE:BXS) to Hold in a report released on Monday October 03, 2016.
Just yesterday BancorpSouth, Inc. (NYSE:BXS) traded -0.78% lower at $23.02. BancorpSouth, Inc.’s 50-day moving average is $24.01 and its 200-day moving average is $23.00. The last closing price is up 0.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 599,771 shares of BXS traded hands, up from an average trading volume of 541,809
Recent Performance Chart
BancorpSouth, Inc. has 52 week low of $18.69 and a 52 week high of $27.23 with a PE ratio of 19.36 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $24.39 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 9 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On BancorpSouth, Inc. (NYSE:BXS)
BancorpSouth, Inc. is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company's segments include Community Banking, Insurance Agencies, and General Corporate and Other. Its Community Banking segment provides a range of deposit products, commercial loans and consumer loans. Its Insurance Agencies segment serves as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. Its General Corporate and Other segment includes mortgage lending, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.
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