BancorpSouth (BXS) Receives Price Target

BancorpSouth (BXS) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $26 and the lowest price target forecast is $23. The average forecast of all the analysts is $24.86 and the expected standard deviation is $0.9.

BancorpSouth (BXS) : Zacks Investment Research ranks BancorpSouth (BXS) as 3, which is a Hold recommendation. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 2.75, which indicates as a Hold.


Also, JP Morgan maintains its view on BancorpSouth (NYSE:BXS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. JP Morgan lowers the price target from $24 per share to $23.5 per share on BancorpSouth . The rating by the firm was issued on July 7, 2016.

BancorpSouth (NYSE:BXS): The stock opened at $25.00 on Thursday but the bulls could not build on the opening and the stock topped out at $25.08 for the day. The stock traded down to $24.48 during the day, due to lack of any buying support eventually closed down at $24.67 with a loss of -0.92% for the day. The stock had closed at $24.90 on the previous day. The total traded volume was 368,900 shares.

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.

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