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A report released today by Canaccord Genuity about TrustCo Bank Corp (NDAQ:TRST) ups the target price to $7.25

TrustCo Bank Corp (NDAQ:TRST) had its target bumped up to $7.25 by Canaccord Genuity in an issued report issued 10/18/2017. The upped price target implies a potential downside of -0.21% from the company's previous closing price.

Just yesterday TrustCo Bank Corp (NDAQ:TRST) traded 1.37% higher at $9.20. TrustCo Bank Corp’s 50-day moving average is $8.42 and its 200-day moving average is $7.96. The last closing price is up 15.88% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trade Volume was down over the average, with 283,831 shares of TRST changing hands under the typical 339,783

See Chart Below

TrustCo Bank Corp (NDAQ:TRST)

TrustCo Bank Corp has a 52 week low of $6.60 and a 52 week high of $9.30 with a price-earnings ratio of 19.75 TRST’s total market value is presently $0.

More About TrustCo Bank Corp (NDAQ:TRST)

TrustCo Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). The Bank is a federal savings bank engaged in providing general banking services to individuals, partnerships and corporations. It operates through community banking segment. The Bank's business consists of accepting deposits and making loans and investments. The Bank provides both personal and business banking services. The Bank's subsidiary, Trustco Realty Corp., is a real estate investment trust (REIT) formed to acquire, hold and manage real estate mortgage assets, including residential mortgage loans and mortgage backed securities. The Bank's trust department operates under the name, Trustco Financial Services, and serves as executor of estates and trustee of personal trusts, provides asset and wealth management services, and provides estate planning and related advice, provides custodial services.

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