Zacks Investment Research upgraded BancorpSouth, Inc. (NYSE:BXS) to Hold in a report released today.
- Updated: September 19, 2016
Boasting a price of $23.65, BancorpSouth, Inc. (NYSE:BXS) traded 0.34% higher on the day. The last stock price is up 4.17% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. BXS has been tracking to a 50-day moving average of $24.22 and 200-day moving average of $22.80. 830,890 shares of BXS exchanged hands, up from ann avg. volume of 665,272
Zacks Investment Research has upgraded BancorpSouth, Inc.(NYSE:BXS) to Hold in a statement released 9/19/2016.
In addition to Zacks Investment Research reporting it’s price target, a total of 9 brokerages have released a research note on the stock. The 12-month target price is $24.39 with 0 rating the company a strong buy, one firm rating the company a buy, nine analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 analysts rating the stock as sell.
BancorpSouth, Inc. has a P/E of 20 with a 52 week low of $18.69 and a one-year high of $27.23. BXS’s market capitalization is currently $0.0.
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, and investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.
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