Sterling Bancorp – Consensus Indicates Potential 12.9% Upside

Broker Ratings
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Sterling Bancorp found using ticker (SBT) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 7.25 and 6.25 calculating the mean target price we have 6.83. With the stocks previous close at 6.05 this now indicates there is a potential upside of 12.9%. The 50 day MA is 5.79 and the 200 day moving average is 5.21. The market cap for the company is $308m. Visit the company website at: https://www.sterlingbank.com

The potential market cap would be $348m 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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