Stephens Sticks to Their Buy Rating for BancorpSouth (BXS)

By Carrie Williams

In a report released today, Matt Olney from Stephens maintained a Buy rating on BancorpSouth (BXSResearch Report), with a price target of $35. The company’s shares closed on Tuesday at $29.17.

According to TipRanks.com, Olney is a 2-star analyst with an average return of -0.3% and a 40.7% success rate. Olney covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, First Western Financial Inc, and First Financial Bankshares.

BancorpSouth has an analyst consensus of Hold, with a price target consensus of $32.83.

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The company has a one-year high of $35.55 and a one-year low of $26.91. Currently, BancorpSouth has an average volume of 694.9K.

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BancorpSouth Bank engages in the management of branch locations as well additional mortgage, insurance, and loan production offices. It operates through the following segments: Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other.