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Stock analysts at Keefe, Bruyette & Woods increased their target price on shares of Renasant Corp. (NASDAQ:RNST) from $30.00 to $31.00 in a report issued on Thursday. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 6.27% from the company’s current price.

A number of other analysts have also recently weighed in on RNST. Analysts at Sandler O’Neill reiterated a “hold” rating on shares of Renasant Corp. in a research note on Tuesday, June 24th. They now have a $32.00 price target on the stock. Analysts at Drexel Hamilton initiated coverage on shares of Renasant Corp. in a research note on Thursday, May 8th. They set a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Renasant Corp. currently has an average rating of “Buy” and a consensus target price of $32.27.

Shares of Renasant Corp. (NASDAQ:RNST) traded down 0.10% on Thursday, hitting $29.16. 105,923 shares of the company’s stock traded hands. Renasant Corp. has a 52 week low of $24.90 and a 52 week high of $32.04. The stock has a 50-day moving average of $28.88 and a 200-day moving average of $28.72. The company has a market cap of $919.1 million and a P/E ratio of 19.31.

Renasant Corp. (NASDAQ:RNST) last released its earnings data on Tuesday, July 15th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.03. During the same quarter in the previous year, the company posted $0.32 earnings per share. Analysts expect that Renasant Corp. will post $1.97 EPS for the current fiscal year.

Renasant Corporation is a bank holding company. The Company owns and operates Renasant Bank (NASDAQ:RNST), a Mississippi banking association with operations in Mississippi, Tennessee, Alabama and Georgia, and Renasant Insurance, Inc, a Mississippi corporation with operations in Mississippi.

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