Somewhat Favorable News Coverage Somewhat Unlikely to Impact RBB Bancorp (RBB) Share Price
News coverage about RBB Bancorp (NASDAQ:RBB) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RBB Bancorp earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media headlines about the company an impact score of 48.9896770629041 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
RBB Bancorp (NASDAQ:RBB) opened at 23.37 on Friday. RBB Bancorp has a 12-month low of $21.26 and a 12-month high of $24.19. The company’s market capitalization is $368.97 million. The company has a 50 day moving average price of $22.66 and a 200-day moving average price of $22.67.
A number of research analysts recently issued reports on RBB shares. Keefe, Bruyette & Woods started coverage on RBB Bancorp in a report on Monday, August 21st. They issued an “outperform” rating and a $25.00 price target for the company. Stephens started coverage on RBB Bancorp in a report on Tuesday, August 29th. They issued an “overweight” rating for the company.
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RBB Bancorp Company Profile
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
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