Park National Corporation – Consensus indicates potential for decline of -3.6%
National Park Society found using ticker (PRK) now have 3 analysts covering the stock with consensus suggesting a “Hold” rating. The target price is between 125 and 120 and has an average target of 122.33. Given that the previous close of shares was at 126.93, this would imply a potential drop of -3.6%. The 50-day moving average is now at 118.76 and the 200-day MA is 121.82. The company has a market capitalization of $ 2,067 million. For more information, visit: http://www.parknationalcorp.com
Park National Corporation operates as a bank holding company for Park National Bank which provides commercial and trust banking services in low and medium population areas. It offers deposits for current, savings and term accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill payment service; credit card; and various additional banking services for individual customers. The company also provides commercial loans, including industrial and commercial property financing, equipment, inventory and accounts receivable financing, acquisition financing and commercial leasing, as well as for corporate finance companies. the consumption ; commercial real estate loans including mortgages to developers and owners of commercial buildings; consumer loans, such as auto loans and leases; consumer finance services; Home equity lines of credit; and residential and construction real estate loans, as well as installment and commercial loans. In addition, it offers aircraft financing and asset management services. As of December 31, 2020, the company operated 101 financial services offices and a network of 117 ATMs in 26 counties in Ohio, 1 county in Kentucky, 3 counties in North Carolina and 4 counties in South Carolina. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.
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