Hancock Holding Company (HBHC) has risen sharply, recording gains of 0.96% in the past 4 weeks. However, the stock has corrected -2.16% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.04% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.92% and the 50-Day Moving Average is 5.44%.The 200 Day SMA reached 23.25% Hancock Holding Company is up 22.88% in the last 3-month period. Year-to-Date the stock performance stands at 29.06%.
Hancock Holding Company (HBHC) stock is expected to deviate a maximum of $2.9 from the average target price of $30.41 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $34 and the most muted being $26.
Company shares have received an average consensus rating of Hold for the current week Hancock Holding Company (NASDAQ:HBHC): stock was range-bound between the intraday low of $31.37 and the intraday high of $31.95 after having opened at $31.74 on Fridays session. The stock finally closed in the red at $31.74, a loss of -1.31%. The stock remained in the red for the whole trading day. The total traded volume was 935,861 shares. The stock failed to cross $31.95 in Fridays trading. The stocks closing price on Thursday was $31.64.
Hancock Holding Company (Hancock) is a financial services company that provides a network of service financial choices to the Gulf South region through its bank subsidiary, Whitney Bank, a Mississippi state bank. Whitney Bank operates under brands: Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas. The Bank operates across the Gulf South region consisting of southern Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and panhandle regions of Florida, and Houston, Texas. The Bank offers a range of traditional and online community banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, investment brokerage services, secured and unsecured loan products, and letters of credit and financial guarantees. It also provides trust and investment management services to retirement plans, corporations and individuals.