Electronic sell

Park National Corporation – Consensus points to -4.9% downside

National Park Society found using ticker (PRK) now have 3 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The target price is between 137.5 and 121 with an average TP of 128.17. Given that the shares’ previous close was at 134.78, this indicates that there is a potential decline of -4.9%. The 50-day moving average now stands at 132.95 while the 200-day moving average is at 125.42. The company has a market capitalization of $ 2,163 million. Company website: https://www.parknationalcorp.com

Park National Corporation is the bank holding company of Park National Bank which provides commercial and fiduciary banking services to low 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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