Brokerages Set River City Bank (NASDAQ:RCBC) Price Target at $55.00

Shares of River City Bank (NASDAQ:RCBC) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $55.00.

Several equities research analysts recently commented on RCBC shares. Keefe, Bruyette & Woods upgraded shares of River City Bank to a “moderate buy” rating in a research report on Monday, August 31st. Stephens assumed coverage on shares of River City Bank in a report on Monday, August 31st. They set an “equal weight” rating and a $54.00 target price for the company. DA Davidson started coverage on shares of River City Bank in a research report on Monday, August 31st. They set a “neutral” rating and a $55.00 target price for the company. Raymond James Financial started coverage on shares of River City Bank in a report on Monday, August 31st. They issued an “outperform” rating and a $56.00 price target on the stock. Finally, Zacks Research upgraded shares of River City Bank to a “hold” rating in a research report on Tuesday, September 1st.

River City Bank Trading Down 0.8%

River City Bank stock opened at $52.55 on Thursday. River City Bank has a fifty-two week low of $37.64 and a fifty-two week high of $54.88.

River City Bank Company Profile

River City Bank is a California-based commercial bank headquartered in Sacramento. Founded in 1973, the bank provides banking and financial services to businesses, nonprofit organizations, professionals and individuals, with a focus on relationship-based service and customized financial solutions.

The bank’s offerings include commercial and commercial real estate lending, business and personal deposit accounts, treasury management, online and mobile banking, cash-management services and other traditional banking products.