salisbury bank found using ticker (SAL) now has 2 analysts covering the stock with the consensus suggesting a ‘Buy’ rating. The range between the high target price and the low target price is between 41.5 and 40 and has a medium target of 40.75. Given that the stock’s previous close was 38.25, it now indicates that there is 6.5% upside potential. The 50 day moving average is 38.79 while the 200 day moving average is 37.25. The company has a market capitalization of $109 million. Company website: http://www.salisburybank.com
The potential market capitalization would be $116 million based on the market consensus.
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Salisbury Bancorp operates as the banking holding company for Salisbury Bank and Trust Company which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also offers loans, such as residential and commercial real estate loans; construction loans; business loans; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans. In addition, it offers a range of fiduciary services, including trust and estate administration, wealth advice, and investment management services for individuals, families, businesses, and institutions. In addition, the company provides additional services related to depositors consisting of landlord/tenant lease security accounts and services, merchant services, payroll services, ATM services, telephone banking services, Internet banking services, Internet bill payment services, person-to-person payments, bank-to-bank transfers, mobile banking services with remote deposit, and online financial management with account aggregation services, as well as cash management services, including cash capture remote deposit, ACH origination, wire transfers and positive payment services. It operates through a network of fourteen bank offices and ten ATMs located in Litchfield County, Connecticut; Dutchess, Orange, and Ulster counties, New York; and Berkshire County, Massachusetts. Salisbury Bancorp was founded in 1998 and is headquartered in Lakeville, Connecticut.