Boenning & Scattergood Reaffirms Their Hold Rating on Park National Corp


In a report released today, Scott Beury from Boenning & Scattergood maintained a Hold rating on Park National Corp (NYSE MKT: PRK). The company’s shares closed yesterday at $110.03.

According to TipRanks.com, Beury is a 3-star analyst with an average return of 4.6% and a 52.0% success rate. Beury covers the Financial sector, focusing on stocks such as Farmers & Merchants Bancorp, Inc., Old National Bancorp Capital, and Independent Bank Corporation.

Park National Corp has an analyst consensus of Hold.

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Park National Corp’s market cap is currently $1.68B and has a P/E ratio of 17.80. The company has a book value ratio of 2.2365.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Park National Corp. operates as a holding company, which engages in owning and supervising its subsidiaries. The company operates its business through three segments: The 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.

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