Keefe, Bruyette & Woods, led by analyst Catherine Mealor, has issued an update on Renasant (RNST, Financial) on May 6, 2025. The firm has maintained its "Outperform" rating on Renasant's stock. This rating suggests that the analyst expects RNST to perform better than the market in the future.
Despite the consistent rating, the firm has lowered the price target for Renasant (RNST, Financial) from $45.00 USD to $43.00 USD. This adjustment signifies a decrease of approximately 4.44% in the expected stock price, reflecting updated assessments or market conditions.
The current price target of $43.00 USD still indicates a positive outlook for Renasant (RNST, Financial), affirmed with the unchanged "Outperform" stance from Keefe, Bruyette & Woods. Investors are advised to consider these updates when making investment decisions regarding Renasant stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Renasant Corp (RNST, Financial) is $39.67 with a high estimate of $43.00 and a low estimate of $35.00. The average target implies an upside of 19.59% from the current price of $33.17. More detailed estimate data can be found on the Renasant Corp (RNST) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Renasant Corp's (RNST, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Renasant Corp (RNST, Financial) in one year is $45.43, suggesting a upside of 36.96% from the current price of $33.17. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Renasant Corp (RNST) Summary page.
