Sterling Bancorp – Consensus Indicates Potential 1.0% Upside

Broker Ratings
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Sterling Bancorp found using ticker (SBT) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 7.25 and 7 with the average target price sitting at 7.17. Given that the stocks previous close was at 7.1 this would indicate that there is a potential upside of 1.0%. The day 50 moving average is 6.38 and the 200 moving average now moves to 5.5. The company has a market capitalisation of $356m. You can visit the company’s website by visiting: https://www.sterlingbank.com

The potential market cap would be $360m based on the market concensus.

Sterling Bancorp (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. It offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit. The company also retail banking services. It operates through a network of 30 branches in San Francisco and Los Angeles, California; New York, New York; Southfield, Michigan; and the greater Seattle market. The company was founded in 1984 and is headquartered in Southfield, Michigan.

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