BancorpSouth (BXS) : During the past 4 weeks, traders have been relatively bearish on BancorpSouth (BXS), hence the stock is down -6.36% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.56% relative to the S&P 500. The 4-week change in the price of the stock is -6.86% and the stock has fallen -2.4% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.98% and the 50-Day Moving Average is 3.05%.The 200 Day SMA reached 3.93%
BancorpSouth (NYSE:BXS): After opening at $23.17, the stock dipped to an intraday low of $23.05 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $23.47 and the buying power remained strong till the end. The stock closed at $23.2 for the day, a gain of 0.87% for the day session. The total traded volume was 1,057,253. The stocks close on the previous trading day was $23.2.
BancorpSouth (BXS) stock is expected to deviate a maximum of $0.41 from the average target price of $25.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $25.
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 Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. The Bank and its subsidiaries provide a range of financial services to individuals and small-to-medium size businesses. The Bank operates an insurance agency subsidiary, which engages in sales of insurance products. The Banks wealth management department offers a range of services, including investment brokerage services, personal trust and estate services, certain employee benefit accounts and plans, including individual retirement accounts and limited corporate trust functions. Its lending activities include both commercial and consumer loans. Deposits include noninterest bearing demand deposits, interest bearing demand deposits, savings and other time deposits.