Park National Corporation – Consensus Indicates Potential 2.3% Upside

Broker Ratings

Park National Corporation with ticker code (PRK) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 140 and 118 with a mean TP of 129.33. Given that the stocks previous close was at 126.47 this would imply there is a potential upside of 2.3%. There is a 50 day moving average of 134.97 and the 200 day moving average is 131.42. The market cap for the company is $2,090m. Find out more information at: https://www.parknationalcorp.com

The potential market cap would be $2,137m based on the market concensus.

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Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services for individual customers. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; consumer loans, such as automobile loans and leases; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing and asset management services. The company was founded in 1908 and is headquartered in Newark, Ohio.

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