Park National Corporation: Consensus Indicates Potential -11.5% Down

National Parks Corporation found using ticker (PRK) now has 3 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The target price ranges between 137.5 and 121, calculating the average target price we see 128.17. Given that the previous close of the shares was 144.8, this would indicate that there is a drop of -11.5%. The 50-day MA is 136.56 and the 200 moving average is now moving to 125.66. The company has a market capitalization of $ 2.321 billion. You can visit the company’s website by visiting:

Park National Corporation operates as the banking holding company for Park National Bank providing trust and commercial banking services in small and medium population areas. It offers demand deposits, savings accounts and time; wealth and trust management services; cash management services; security deposit operations; electronic fund transfers; Mobile and Internet banking solutions with bill payment service; Credit cards; and various additional banking services for individual clients. The company also makes commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, financing for acquisitions and commercial leasing, as well as financing for consumer financing companies; commercial real estate loans comprising mortgage loans for developers and owners of commercial real estate; consumer loans, such as auto loans and leases; consumer finance services; home equity lines of credit; and residential construction and real estate loans, as well as installment loans and business 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 Ohio counties, 1 Kentucky county, 3 North Carolina counties, and 4 South Carolina counties. Park National Corporation was founded in 1908 and is based in Newark, Ohio.

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