Sterling Bancorp with ticker code (SBT) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 8 and 6.25 calculating the mean target price we have 7.33. Now with the previous closing price of 6 this would indicate that there is a potential upside of 22.2%. The 50 day MA is 5.96 and the 200 moving average now moves to 6.18. The market cap for the company is $302m. Company Website: https://www.sterlingbank.com
The potential market cap would be $369m 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 provides retail banking services. It operates through a network of 28 branches in San Francisco and Los Angeles, California; New York, New York; and Southfield, Michigan. The company was founded in 1984 and is headquartered in Southfield, Michigan.
