Renasant (RNST) Stock Forecast & Price Target

$37.09

+0.68 (+1.87%)

(As of 07/26/2024 ET)

Renasant - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for Renasant in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 5 have given a hold rating for RNST.

Consensus Price Target

$36.40
-1.86% Downside

High Forecast	$38.00
Average Forecast	$36.40
Low Forecast	$33.00

According to the 5 analysts' twelve-month price targets for Renasant, the average price target is $36.40. The highest price target for RNST is $38.00, while the lowest price target for RNST is $33.00. The average price target represents a forecasted downside of -1.86% from the current price of $37.09.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$36.40	$33.00	$33.00	$34.80
Forecasted Upside	-1.86% Downside	6.80% Upside	6.80% Upside	6.80% Upside

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RNST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RNST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Renasant Stock vs. The Competition

Type	Renasant	Finance Companies	S&P 500
Consensus Rating Score	2.00	2.44	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-1.86% Downside	35.47% Upside	9.17% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/25/2024	Truist Financial 1 of 5 stars		Boost Target	Hold ➝ Hold	$32.00 ➝ $38.00	+8.20%
7/25/2024	Keefe, Bruyette & Woods 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$34.00 ➝ $36.00	+1.12%
7/25/2024	Hovde Group 3 of 5 stars	D. Bishop Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$36.00 ➝ $38.00	+5.26%
7/3/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$33.00 ➝ $33.00	+10.18%
1/30/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$36.00 ➝ $37.00	+9.66%
4/6/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:36 AM ET.

RNST Forecast - Frequently Asked Questions

What is Renasant's forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Renasant is $36.40, with a high forecast of $38.00 and a low forecast of $33.00.
Should I buy or sell Renasant stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RNST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNST, but not buy additional shares or sell existing shares.
Does Renasant's stock price have much upside?: According to analysts, Renasant's stock has a predicted upside of 6.74% based on their 12-month stock forecasts.
Has Renasant been downgraded by Wall Street analysts recently?: Over the previous 90 days, Renasant's stock had 1 downgrade by analysts.
What analysts cover Renasant?: Renasant has been rated by research analysts at Hovde Group, Keefe, Bruyette & Woods, Piper Sandler, and Truist Financial in the past 90 days.
Do Wall Street analysts like Renasant more than its competitors?: Analysts like Renasant less than other "finance" companies. The consensus rating score for Renasant is 2.00 while the average consensus rating score for "finance" companies is 2.45. Learn more on how RNST compares to other companies.