Private Bancorp of America’s (PBAM) “Overweight” Rating Reaffirmed at Stephens

Stephens reissued their overweight rating on shares of Private Bancorp of America (OTCMKTS:PBAM) in a report released on Tuesday, Benzinga reports. Stephens currently has a $41.00 target price on the stock.

Private Bancorp of America Price Performance

Shares of OTCMKTS:PBAM opened at $34.25 on Tuesday. The company has a market cap of $195.91 million, a PE ratio of 4.98 and a beta of 0.22. The company’s 50-day moving average price is $34.69 and its 200 day moving average price is $34.32. Private Bancorp of America has a fifty-two week low of $23.65 and a fifty-two week high of $36.90.

Private Bancorp of America Company Profile

Private Bancorp of America, Inc operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California. The company offers checking and savings, money market, certificate of deposit, sweep, zero balance, and individual retirement accounts; unsecured lines of credit, personal credit lines, and term loans; additional services, such as direct deposits, online banking, ATM and debit cards, credit cards, savings/line of credit overdraft protection, and safe deposit boxes; and certificate of deposit account registry services.