Truist Securities Reiterates Hancock Whitney (HWC) Buy Recommendation
Fintel reports that on September 19, 2023, Truist Securities reiterated coverage of Hancock Whitney (NASDAQ:HWC) with a Buy recommendation.
Analyst Price Forecast Suggests 22.94% Upside
As of August 31, 2023, the average one-year price target for Hancock Whitney is 47.71. The forecasts range from a low of 43.43 to a high of $56.70. The average price target represents an increase of 22.94% from its latest reported closing price of 38.81.
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The projected annual revenue for Hancock Whitney is 1,578MM, an increase of 9.77%. The projected annual non-GAAP EPS is 6.22.
Hancock Whitney Declares $0.30 Dividend
On July 27, 2023 the company declared a regular quarterly dividend of $0.30 per share ($1.20 annualized). Shareholders of record as of September 5, 2023 received the payment on September 15, 2023. Previously, the company paid $0.30 per share.