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 7.25 and 6.25 calculating the mean target price we have 6.83. Given that the stocks previous close was at 6.5 this indicates there is a potential upside of 5.1%. The day 50 moving average is 5.92 and the 200 day MA is 5.28. The market capitalisation for the company is $336m. You can visit the company’s website by visiting: https://www.sterlingbank.com
The potential market cap would be $353m 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.
