Peapack-Gladstone Financial Corp (PGC) Stock AnalysisPGCStock AnalysisPeapack-Gladstone Financial Corp

Peapack-Gladstone Financial Corporation is a bank holding company. The Company’s principal subsidiary is Peapack Private Bank & Trust (the Bank), which is a state-chartered commercial bank. Its segments include the Banking and Wealth Management Division. The Banking segment includes commercial (includes corporate and industrial (C&I) and equipment financing), commercial real estate, multifamily, residential and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; operation of ATMs; telephone and Internet banking services; merchant credit card services, and customer support sales. Its Wealth Management Division includes investment management services for individuals and institutions; personal trust services, including services as executor, trustee, administrator, custodian, and other financial planning and advisory services. It also includes the activity of the Delaware subsidiary, PGB Trust and Investments of Delaware. It operates in the Financials sector (COMMERCIAL BANKS, NEC industry).

Peapack-Gladstone Financial Corp is currently a hold. The stock is priced at $45.11, which is below the average analyst price target of $55.67, indicating potential upside. However, the RSI is at 34.89, suggesting that the stock is oversold, and the recent earnings report showed a slight EPS miss of $0.85 against an estimate of $0.87, which may affect short-term investor sentiment. The main risk is the recent 5-day change of -1.03%, indicating negative momentum in the short term.

3 analysts cover PGC: 2 rate it Buy, 1 Hold and 0 Sell. The average price target is 33.50.