Salisbury Bancorp with ticker code (SAL) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 41.5 and 40 with a mean TP of 40.75. With the stocks previous close at 38.25 this indicates there is a potential upside of 6.5%. There is a 50 day moving average of 38.79 while the 200 day moving average is 37.25. The company has a market cap of $109m. Visit the company website at: http://www.salisburybank.com
The potential market cap would be $116m based on the market concensus.
Salisbury Bancorp operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans. In addition, it offers a range of fiduciary services, including trust and estate administration, wealth advisory, and investment management services to individuals, families, businesses, and institutions. Further, the company provides additional depositor related services consisting of landlord/tenant lease security accounts and services, merchant services, payroll services, ATM services, bank-by-phone services, Internet banking services, Internet bill pay services, person to person payments, bank to bank transfers, mobile banking services with remote deposit, and Online financial management with account aggregation services, as well as cash management services, including remote deposit capture, ACH origination, wire transfers, and positive pay services. It operates through a network of fourteen banking offices and ten ATMs located in Litchfield County, Connecticut; Dutchess, Orange, and Ulster Counties, New York; and Berkshire County, Massachusetts. Salisbury Bancorp was founded in 1998 and is headquartered in Lakeville, Connecticut.
