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Hancock Holding (HBHC) in Focus: Stock Moves 5.7% Higher
Hancock Holding Company was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings in the second quarter of 2016, after the market closed on Jul 20. This continues the recent uptrend for the company since Jul 5, as the stock is now up almost 17%.
In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Hancock Holding currently carries a Zacks Rank #3 (Hold).
HANCOCK HLDG CO Price
HANCOCK HLDG CO Price | HANCOCK HLDG CO Quote
A better-ranked Banks-Southeast stock is Cardinal Financial Corp. , which sports a Zacks Rank #1 (Strong Buy).
Is HBHC going up? Or down? Predict to see what others think: Up or Down
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