Park National Corporation – Consensus Says Potential of -1.4% Down

National Park Society with ticker code (PRK) now have 3 analysts covering the stock with consensus suggesting a “Hold” rating. The range between the high target price and the low target price is between 122 and 115 and has an average target of 119. With the previous close of the stock at 120.69, this would imply a potential decline of -1.4%. The 50-day MA is 117.65 while the 200-day moving average is 122.72. The company has a market capitalization of $ 1,981 million. Company website: http://www.parknationalcorp.com

Park National Corporation is the bank holding company of Park National Bank which provides commercial and trust banking services to small 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 comprising 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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