Brokerage Firm Rating Update on Trustmark Corporation (TRMK)

Trustmark Corporation (TRMK) : 5 analysts are covering Trustmark Corporation (TRMK) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Trustmark Corporation (TRMK) : Currently there are 3 street experts covering Trustmark Corporation (TRMK) stock. The most bullish and bearish price target for the stock is $29 and $24 respectively for the short term. The average price target of all the analysts comes to $26.33. The estimated standard deviation from the target is $2.52.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm SunTrust Robinson Humphrey maintains its rating on Trustmark Corporation (NASDAQ:TRMK). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at SunTrust Robinson Humphrey raises the price target from $26 per share to $29 per share. The rating by the firm was issued on August 1, 2016.

Trustmark Corporation (NASDAQ:TRMK): The stock opened at $28.17 and touched an intraday high of $28.49 on Wednesday. During the day, the stock corrected to an intraday low of $28.06, however, the bulls stepped in and pushed the price higher to close in the green at $28.48 with a gain of 1.17% for the day. The total traded volume for the day was 442,422. The stock had closed at $28.15 in the previous trading session.

Trustmark Corporation (Trustmark) is a bank holding company. Trustmarks principal subsidiary is Trustmark National Bank (TNB). Through TNB and other subsidiaries, Trustmark operates as a financial services organization providing banking and other financial solutions through approximately 205 offices in Alabama, Florida, Mississippi, Tennessee and Texas. The Company operates through three segments: General Banking, Insurance and Wealth Management. TNB provides a range of commercial banking services to corporations and other business customers. TNB also provides deposit services, including checking, savings and money market accounts and certificates of deposit, as well as treasury management services. In addition, TNB provides customers with installment and real estate loans and lines of credit. TNB provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, secondary marketing and mortgage servicing.

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