Salisbury Bancorp – Consensus indicates 6.5% upside potential
Salisbury Bancorp found using the (SAL) ticker now have 2 analysts covering the stock with the consensus suggesting a buy rating. The range between the high target price and the low target price is between 41.5 and 40 and has an average objective at 40.75. Given that the stock’s previous close was at 38.25, this now indicates that there is 6.5% upside potential. The 50-day MA is 38.79 while the 200-day moving average is 37.25. The company has a market capitalization of $109 million. Company website: http://www.salisburybank.com
The potential market capitalization would be $116 million based on market consensus.
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Salisbury Bancorp operates as a bank holding company for Salisbury Bank and Trust Company which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various deposit products to individuals and businesses. The company also provides loans, such as residential and commercial real estate loans; building loans; business loans; and consumer loans, including home equity loans and lines of credit, as well as auto and personal installment loans. In addition, it offers a range of fiduciary services, including trust and estate administration, wealth advice and investment management services to individuals, families, businesses and institutions. In addition, the Company provides additional depositor-related services, including landlord/tenant accounts and lease guarantee services, merchant services, payroll services, ATM services, telephone banking, Internet banking, Internet bill payment services, person-to-person payments, bank-to-bank wire transfers, mobile banking with remote deposit and online financial management with account aggregation services, as well as cash management services, including remote deposit capture, ACH issuance, wire transfers and positive pay services. It operates through a network of fourteen banking offices and ten ATMs located in Litchfield County, Connecticut; Dutchess, Orange, and Ulster Counties, New York; and Berkshire County, Massachusetts. Salisbury Bancorp was founded in 1998 and is based in Lakeville, Connecticut.