River City Bank (NASDAQ:RCBC) Stock Has Average Target Price of $55.00 According to Brokerages

Shares of River City Bank (NASDAQ:RCBC) have earned an average rating of “Hold” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $55.00.

Several analysts have commented on the company. Keefe, Bruyette & Woods raised River City Bank to a “moderate buy” rating in a research note on Monday, August 31st. Stephens assumed coverage on River City Bank in a research note on Monday, August 31st. They issued an “equal weight” rating and a $54.00 target price on the stock. Weiss Ratings initiated coverage on River City Bank in a report on Friday, August 28th. They issued a “sell (d)” rating on the stock. Wall Street Zen raised River City Bank to a “hold” rating in a report on Saturday, September 26th. Finally, DA Davidson began coverage on shares of River City Bank in a research report on Monday, August 31st. They issued a “neutral” rating and a $55.00 price objective on the stock.

River City Bank Price Performance

NASDAQ RCBC opened at $51.20 on Monday. River City Bank has a one year low of $38.20 and a one year high of $54.88.

River City Bank Company Profile

River City Bank is a commercial bank headquartered in Sacramento, California. The bank provides banking and financial services to businesses, professionals, nonprofit organizations and individuals, with an emphasis on relationship-based commercial banking.

Its products and services include commercial and industrial lending, commercial real estate financing, construction loans, business lines of credit, residential and consumer loans, deposit accounts, treasury management and online banking services.