Renasant Corp (NYSE: RNST) stock enjoyed a major increase of 12.1% on 11/6/24. The shares closed at $38.18. Moreover, trading volume in this advance was exceptionally high at 235% of normal. The stock has risen 10.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RNST is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Renasant has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Renasant has a good Power Rating of 74 and a good Appreciation Score of 78, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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