Sterling Bancorp with ticker code (SBT) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 6 and 4.75 calculating the average target price we see 5.38. Given that the stocks previous close was at 4.39 this is indicating there is a potential upside of 22.6%. The 50 day moving average now sits at 3.94 and the 200 day MA is 3.49. The company has a market capitalisation of $222m. Visit the company website at: http://www.sterlingbank.com
The potential market cap would be $272m 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 individual and business customers. 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 investment management, wealth management, and retail banking services. As of December 31, 2019, it operated 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.
