Park National Corporation with stock exchange abbreviation (PRK) meanwhile 3 analysts have covered the share. Analyst consensus points to a rating of Hold. The price target is between 137.5 and 130, calculating the average price target we see 132.5. With the previous close at 131.82, this would mean there is a potential upside of 0.5%. The day 50 moving average is 135.96 and the 200 moving average is now moving to 126.63. The company’s market capitalization is $2,146 million. You can visit the Company’s website at https://www.parknationalcorp.com
The potential market cap would be $2,157 million based on the market consensus.
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Park National Corporation acts as the banking holding company for Park National Bank, which provides commercial banking and trust services to small and medium-sized populations. It offers deposits for sight, savings and term accounts; trust and asset management; cash management; locker shops; electronic funds transfer; Internet and mobile banking solutions with Bill Pay Service; credit cards; as well as various additional bank-related services for private customers. The Company also provides commercial lending, including industrial and commercial real estate financing, equipment, inventory and receivables financing, acquisition financing and commercial leasing, and for consumer finance businesses; commercial real estate loans consisting of mortgage loans to commercial real estate developers and owners; consumer credit such as auto loans and leases; consumer finance services; home equity lines of credit; and residential real estate and construction loans as well as installment loans and commercial loans. It also 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.
