Should You Buy Renasant Corp (RNST) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Renasant Corp (RNST) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock shows some positive technical indicators and analysts maintain a favorable outlook, the lack of significant positive catalysts, declining net income and EPS, and no proprietary trading signals suggest holding off on immediate investment.
Technical Analysis
The technical indicators show mixed signals. The MACD is positive but contracting, RSI is neutral, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading above its pivot level (36.899) with resistance at 38.297 and support at 35.501.
Analyst Ratings and Price Target Trends
Analysts remain positive on RNST, with TD Cowen raising the price target to $45 and maintaining a Buy rating. Hovde Group upgraded the stock to Outperform with a $41 price target. Analysts expect solid Q4 results and see durable tailwinds for bank stocks in 2026.
Wall Street analysts forecast RNST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNST is 43 USD with a low forecast of 41 USD and a high forecast of 45 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast RNST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNST is 43 USD with a low forecast of 41 USD and a high forecast of 45 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 38.350
Current: 38.350
