Park National Corporation – consensus points to potential upside of 0.7%

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Park National Corporation found with Ticker (PRK) now have a total of 3 analysts covering the stock. The consensus rating is hold. The range between the high target and the low target is between 137.5 and 130 with a mean TP of 132.5. With the previous close at 131.52, this suggests a potential upside of 0.7%. The 50-day ma is 136.1 and the 200-day moving average is 126.49. The company has a market capitalization of $2,148 million. Visit the company’s website at: https://www.parknationalcorp.com

The potential market cap would be $2,164 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.

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