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Preferred Bank (PFBC) Stock Forecast & Price Target

$75.84
+0.03 (+0.04%)
(As of 07/12/2024 ET)

Preferred Bank - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$67.00
-11.66% Downside
High Forecast$70.00
Average Forecast$67.00
Low Forecast$64.00
TypeCurrent Forecast
7/13/23 to 7/12/24
1 Month Ago
6/13/23 to 6/12/24
3 Months Ago
4/14/23 to 4/13/24
1 Year Ago
7/13/22 to 7/13/23
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$67.00$67.00$68.67$71.00
Forecasted Upside-11.66% Downside6.74% Upside17.25% Upside28.32% Upside
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PFBC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PFBC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Preferred Bank Stock vs. The Competition

TypePreferred BankFinance CompaniesS&P 500
Consensus Rating Score
3.00
2.44
2.51
Consensus RatingBuyHoldModerate Buy
Predicted Upside-11.66% Downside55.21% Upside9.38% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/21/2023DA Davidson
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G. Tenner
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Boost Target$60.00 ➝ $70.00+12.27%
7/20/2023Stephens
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 Reiterated RatingOverweight ➝ Overweight$64.00+1.62%
4/20/2023Piper Sandler
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 Lower Target$73.00 ➝ $72.00+37.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:25 AM ET.

PFBC Forecast - Frequently Asked Questions

What is Preferred Bank's forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Preferred Bank is $67.00, with a high forecast of $70.00 and a low forecast of $64.00.

Should I buy or sell Preferred Bank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFBC shares.

Does Preferred Bank's stock price have much upside?

According to analysts, Preferred Bank's stock has a predicted upside of 6.74% based on their 12-month stock forecasts.

Do Wall Street analysts like Preferred Bank more than its competitors?

Analysts like Preferred Bank more than other "finance" companies. The consensus rating for Preferred Bank is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PFBC compares to other companies.


This page (NASDAQ:PFBC) was last updated on 7/12/2024 by MarketBeat.com Staff

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