Peapack-Gladstone Financial Cor – Consensus Indicates 5.0% Upside Potential

Peapack-Gladstone Financial Corporation with ticker code (PGC) now have 4 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 43.75 and 37 by calculating the average target price we have 39.44. Together with the stock’s previous close at 37.56, this indicates that there is upside potential of 5.0%. The 50 day MA is 35.26 and the 200 day MA is 33.36. The company has a market capitalization of $701 million. You can visit the company’s website by visiting:

The potential market capitalization would be $736 million based on market consensus.

You can now share it on Stocktwits, just click on the logo below and add the ticker in the text to be seen.

Peapack-Gladstone Financial Corporation operates as a bank holding company for Peapack-Gladstone Bank which provides private banking and wealth management services in the United States. The Company operates in two segments, Banking and Peapack Private. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit and individual retirement accounts. The Company also provides working capital lines of credit, fixed asset acquisition term loans, commercial mortgages, multi-family mortgages and other forms of asset-based financing services; and residential mortgages, home equity lines of credit and other second mortgages. In addition, it offers corporate and industrial (C&I) and equipment finance, commercial real estate, multifamily, residential and consumer lending; cash management services; C&I advisory services; escrow management; deposit generation; asset and investment management services; personal trust services, including executor, trustee, administrator, custodian and guardian services; and other financial planning, tax preparation and advisory services. Additionally, the company operates ATMs in 19 locations; and provides telephone and Internet banking, merchant credit cards and customer support sales services. Its private banking clients include corporations, nonprofits and consumers; and wealth management clients include individuals, families, foundations, endowments, trusts and estates. The company operates its private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey; and wealth management branches in Somerset, Morris, Hunterdon and Union counties. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.

About Daisy Rawson

Check Also

Financial fairness threatened by proposed merger between TD Bank and First Horizon

By Charlene Crowell As banks grow through mergers and focus on growing online and mobile …