Park National Corporation which can be found using ticker (PRK) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 140 and 118 with the average target price sitting at $129.33. Given that the stocks previous close was at $119.53 this would indicate that there is a potential upside of 8.2%. Also worth taking note is the 50 day moving average now sits at $129.98 and the 200 day MA is $132.00. The company has a market capitalization of $1,961m. You can visit the company’s website by visiting: https://www.parknationalcorp.com
The potential market cap would be $2,121m based on the market consensus.
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; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; 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; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.
The company has a dividend yield of 3.51% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 13.19, revenue per share of 29.45 and a 1.53% return on assets.
