Renasant traded at $41.80 this Friday February 6th, increasing $0.55 or 1.33 percent since the previous trading session. Looking back, over the last four weeks, Renasant gained 17.68 percent. Over the last 12 months, its price rose by 7.57 percent. Looking ahead, we forecast Renasant to be priced at 36.55 by the end of this quarter and at 33.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Renasant Corporation is a bank holding company that owns and operates Renasant Bank and Renasant Insurance, Inc. The Company's segments include Community Banks, Insurance and Wealth Management. The Community Banks segment delivers a range of banking and financial services to individuals and small to medium-size businesses, including checking and savings accounts, business and personal loans, asset-based lending and equipment leasing, as well as safe deposit and night depository facilities. The Insurance segment includes a service insurance agency, which offers a line of commercial and personal insurance through carriers. The Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts and custodial accounts, as well as accounting and money management for trust accounts.