BancorpSouth (NYSE:BXS) has an average broker rating of 2.88, which is interpreted as a Hold, as rated by 8 equity analysts. 1 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
BancorpSouth (NYSE:BXS) : The most positive equity analysts on BancorpSouth (NYSE:BXS) expects the shares to touch $26, whereas, the least positive believes that the stock will trade at $23 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $24.36 with an expected fluctuation of $1.25 from the mean.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, JP Morgan maintains its rating on BancorpSouth (NYSE:BXS).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, JP Morgan raises the new price target from $23 per share to $22.5 per share. The rating by the firm was issued on April 5, 2016.
BancorpSouth (NYSE:BXS): stock turned positive on Tuesday. Though the stock opened at $20.94, the bulls momentum made the stock top out at $21.21 level for the day. The stock recorded a low of $20.7 and closed the trading day at $21.13, in the green by 2.87%. The total traded volume for the day was 943,213. The stock had closed at $20.54 in the previous days trading.
In an insider trading activity,The officer (Senior Executive VP) of Bancorpsouth Inc, Freeman Cathy Smith sold 955 shares at $26.5 on November 6, 2015. The Insider selling transaction had a total value worth of $25,308. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.