Park National Corporation – Consensus indicates 0.7% upside potential
National Park Company found using the (PRK) ticker now have 3 total analysts covering the stock. The consensus rating is “Hold”. The range between the high target price and the low target price is between 137.5 and 130 with an average TP of 132.5. Now, with the previous closing price of 131.52, this indicates that there is 0.7% upside potential. The 50-day MA is 136.1 and the 200-day moving average is 126.49. The company has a market cap of $2,148 million. Visit the company’s website at: https://www.parknationalcorp.com
The potential market capitalization would be $2,164 million based on market consensus.
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Park National Corporation operates as a bank holding company for Park National Bank which provides commercial and trust banking services in small and medium population areas. It offers deposits for current, savings and term accounts; trust and wealth management services; cash management services; vault operations; electronic funds transfers; Internet and mobile banking solutions with bill payment service; credit card; and various ancillary banking-related services for individuals. The Company also offers commercial lending, including industrial and commercial property financing, equipment, inventory and accounts receivable financing, acquisition financing and commercial leasing, as well as for finance companies consumption; commercial real estate loans including mortgage loans to developers and owners of commercial real estate; consumer loans, such as auto loans and leases; consumer credit services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, it offers aircraft financing and asset management services. As of December 31, 2020, the company operated 101 financial services offices and a network of 117 ATMs in 26 counties in Ohio, 1 county in Kentucky, 3 counties in North Carolina and 4 counties in South Carolina. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.