Sterling Bancorp which can be found using ticker (SBT) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 8 and 6 and has a mean target at $7.17. Given that the stocks previous close was at $5.78 this would imply there is now a potential upside of 24.0%. Also worth taking note is the 50 day moving average now sits at $6.00 and the 200 day MA is $6.06. The market cap for the company is $295m. Company Website: https://www.sterlingbank.com
The potential market cap would be $366m based on the market consensus.
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 individual retirement accounts 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. The company was founded in 1984 and is headquartered in Southfield, Michigan.
The company is not paying dividends at this time.
