Camden National Corporation with ticker code (CAC) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 45 and 41 with a mean TP of 43. Given that the stocks previous close was at 42.16 this would indicate that there is a potential upside of 2.0%. There is a 50 day moving average of 41.61 and the 200 day MA is 43.55. The market capitalisation for the company is $606m. Company Website: https://www.camdennational.com
The potential market cap would be $618m based on the market concensus.
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Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.