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

Key Points

• Analysts have a consensus “Hold” rating on River City Bank, with three holds, two buys and one sell among six firms. The average 12-month price target is $55.00.
• Recent coverage includes a $54.00 “equal weight” target from Stephens and a $56.00 “outperform” target from Raymond James, while Weiss Ratings initiated coverage with a sell rating.
• RCBC shares opened at $55.52, near the analyst average target, and have traded between $38.50 and $56.71 over the past year.

River City Bank (NASDAQ:RCBC - Get Free Report) has earned an average recommendation of "Hold" from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $55.00.

A number of research analysts recently commented on RCBC shares. Wall Street Zen upgraded River City Bank to a "hold" rating in a research report on Saturday, September 26th. Zacks Research raised shares of River City Bank to a "hold" rating in a research note on Tuesday, September 1st. Stephens began coverage on shares of River City Bank in a research report on Monday, August 31st. They set an "equal weight" rating and a $54.00 price objective for the company. Raymond James Financial initiated coverage on shares of River City Bank in a research report on Monday, August 31st. They set an "outperform" rating and a $56.00 price objective for the company. Finally, Weiss Ratings initiated coverage on River City Bank in a research note on Friday, August 28th. They set a "sell (d)" rating for the company.

River City Bank Trading Up 0.3%

Shares of NASDAQ RCBC opened at $55.52 on Friday. River City Bank has a fifty-two week low of $38.50 and a fifty-two week high of $56.71.

River City Bank Company Profile

River City Bank is a California-based commercial bank that provides banking and financial services to businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and offers commercial and real estate lending, business and personal deposit accounts, treasury management and online banking services.

Founded in 1973, River City Bank is headquartered in Sacramento and serves customers primarily throughout Northern California. Its banking activities include providing credit facilities for commercial enterprises and real estate projects, along with cash-management and other financial solutions designed to support business operations.

River City Bank operates through its banking offices and digital channels, serving markets that include the Sacramento region and the San Francisco Bay Area.

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