Sterling Bancorp, Inc. with ticker code (SBT) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 8 and 6.75 calculating the average target price we see $7.50. Given that the stocks previous close was at $4.69 this would indicate that there is a potential upside of 59.9%. The day 50 moving average is $6.07 and the 200 moving average now moves to $6.10. The market capitalization for the company is $242m. Company Website: https://www.sterlingbank.com
The potential market cap would be $387m based on the market consensus.
Sterling Bancorp, Inc. (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. The company was founded in 1984 and is headquartered in Southfield, Michigan.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 79.5, revenue per share of 1.79 and a 0.15% return on assets.
