Keefe, Bruyette & Woods Upgrades River City Bank (NASDAQ:RCBC) to Moderate Buy

River City Bank (NASDAQ:RCBC) was upgraded by equities research analysts at Keefe, Bruyette & Woods to a “moderate buy” rating in a research note issued on Monday, Zacks reports.

Several other analysts also recently weighed in on the company. Weiss Ratings assumed coverage on River City Bank in a research report on Friday. They set a “sell (d)” rating for the company. Stephens began coverage on River City Bank in a research report on Monday. They issued an “equal weight” rating and a $54.00 target price on the stock. DA Davidson initiated coverage on River City Bank in a research note on Monday. They set a “neutral” rating and a $55.00 target price for the company. Finally, Raymond James Financial assumed coverage on shares of River City Bank in a report on Monday. They issued an “outperform” rating and a $56.00 target price for the company. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $55.00.

River City Bank Stock Performance

NASDAQ RCBC opened at $51.16 on Monday. River City Bank has a fifty-two week low of $36.76 and a fifty-two week high of $51.16.

About River City Bank

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.