Janney Montgomery analyst Christopher Marinac maintained a Hold rating on Park National (PRK – Research Report) today. The company’s shares closed last Friday at $128.01.
Marinac covers the Financial sector, focusing on stocks such as Synovus, BCB Bancorp, and Fifth Third Bancorp. According to TipRanks, Marinac has an average return of 24.8% and a 54.55% success rate on recommended stocks.
Park National has an analyst consensus of Hold, with a price target consensus of $130.00, a 1.55% upside from current levels. In a report released today, Piper Sandler also maintained a Hold rating on the stock with a $135.00 price target.
PRK market cap is currently $2.06B and has a P/E ratio of 16.20.
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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.
