In a report released on April 19, Damon Delmonte from KBW maintained a Hold rating on Park National (PRK – Research Report), with a price target of $125.00. The company’s shares closed last Friday at $128.01.
Delmonte covers the Financial sector, focusing on stocks such as Heartland Financial USA, Financial Institutions, and Macatawa Bank. According to TipRanks, Delmonte has an average return of 16.5% and a 69.11% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Park National with a $127.50 average price target.
The company has a one-year high of $136.51 and a one-year low of $87.82. Currently, Park National has an average volume of 44.47K.
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Park National (PRK) Company Description:
Park National Corp. operates as a holding company, which engages in owning and supervising its subsidiaries. The company operates through the following segments: Park National Bank, SE Property Holdings, LLC and Guardian Financial Services Co. The Park National Bank segment engages in providing banking and financial services in Ohio and Kentucky. The SE Property Holdings, LLC segment is a non-bank subsidiary of the company, holding OREO property, performing lending services in Ohio and Florida. The Guardian Financial Services segment offers consumer finance services in the central Ohio region. Park National was founded in 1987 and is headquartered in Newark, OH.
