Hancock Whitney (HWC) Stock Rating Upgraded by FIG Partners
Hancock Whitney (NYSE:HWC) was upgraded by research analysts at FIG Partners from a “market perform” rating to an “outperform” rating in a report released on Thursday, The Fly reports.
A number of other analysts have also recently commented on HWC. Zacks Investment Research upgraded Hancock Whitney from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research report on Tuesday, September 18th. Stephens set a $59.00 price target on Hancock Whitney and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, Raymond James reduced their price target on Hancock Whitney from $60.00 to $55.00 and set a “strong-buy” rating for the company in a research report on Thursday, October 18th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $55.75.
Shares of HWC opened at $38.20 on Thursday. Hancock Whitney has a 52 week low of $36.71 and a 52 week high of $56.40.
In related news, insider Cecil W. Knight, Jr. purchased 1,500 shares of Hancock Whitney stock in a transaction on Monday, October 22nd. The stock was acquired at an average price of $41.41 per share, for a total transaction of $62,115.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
An institutional investor recently bought a new position in Hancock Whitney stock. Bank of Montreal Can bought a new position in shares of Hancock Whitney Corp (NYSE:HWC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 66,333 shares of the company’s stock, valued at approximately $3,094,000. Bank of Montreal Can owned approximately 0.08% of Hancock Whitney at the end of the most recent quarter.
Hancock Whitney Company Profile
Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.
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