Bancorpsouth Bank (NYSE:BXS)‘s stock had its “hold” rating restated by research analysts at Brean Capital in a report issued on Monday.

Other research analysts have also issued reports about the stock. Stephens reiterated a “buy” rating and issued a $37.00 target price on shares of Bancorpsouth Bank in a research note on Monday. Zacks Investment Research downgraded shares of Bancorpsouth Bank from a “buy” rating to a “hold” rating in a report on Monday, May 28th. Finally, ValuEngine raised shares of Bancorpsouth Bank from a “hold” rating to a “buy” rating in a report on Saturday, May 12th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $35.57.

NYSE:BXS opened at $34.35 on Monday. Bancorpsouth Bank has a 1 year low of $27.20 and a 1 year high of $35.55. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $3.12 billion, a P/E ratio of 20.55 and a beta of 1.37.

Bancorpsouth Bank (NYSE:BXS) last posted its earnings results on Wednesday, July 18th. The bank reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Bancorpsouth Bank had a net margin of 21.59% and a return on equity of 9.90%. The business had revenue of $214.58 million for the quarter, compared to analyst estimates of $214.20 million. During the same period last year, the business posted $0.42 EPS. research analysts forecast that Bancorpsouth Bank will post 2.21 EPS for the current year.

A number of institutional investors have recently modified their holdings of the business. Piedmont Investment Advisors LLC boosted its holdings in Bancorpsouth Bank by 9.6% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 19,007 shares of the bank’s stock valued at $626,000 after purchasing an additional 1,662 shares during the period. Amalgamated Bank boosted its holdings in Bancorpsouth Bank by 14.9% in the 2nd quarter. Amalgamated Bank now owns 13,902 shares of the bank’s stock valued at $458,000 after purchasing an additional 1,802 shares during the period. Swiss National Bank boosted its holdings in Bancorpsouth Bank by 1.7% in the 1st quarter. Swiss National Bank now owns 142,300 shares of the bank’s stock valued at $4,525,000 after purchasing an additional 2,400 shares during the period. Koch Industries Inc. boosted its holdings in Bancorpsouth Bank by 14.0% in the 1st quarter. Koch Industries Inc. now owns 21,965 shares of the bank’s stock valued at $698,000 after purchasing an additional 2,702 shares during the period. Finally, OppenheimerFunds Inc. boosted its holdings in Bancorpsouth Bank by 14.4% in the 2nd quarter. OppenheimerFunds Inc. now owns 22,915 shares of the bank’s stock valued at $755,000 after purchasing an additional 2,886 shares during the period. 73.74% of the stock is owned by hedge funds and other institutional investors.

Bancorpsouth Bank Company Profile

BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. It offers various deposit products, including interest and noninterest bearing demand deposits, and saving and other time deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivable financing, and agricultural loans; a range of short-to-medium term secured and unsecured commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions.

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Analyst Recommendations for Bancorpsouth Bank (NYSE:BXS)

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