Private Bancorp (NASDAQ:PBAM) Price Target Raised to $105.00

Private Bancorp (NASDAQ:PBAMGet Free Report) had its target price increased by stock analysts at DA Davidson from $96.00 to $105.00 in a report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. DA Davidson’s price objective indicates a potential upside of 19.71% from the company’s previous close.

Private Bancorp Stock Up 0.6%

Shares of PBAM stock traded up $0.51 during trading hours on Monday, hitting $87.71. 11,912 shares of the company were exchanged.

PrivateBancorp, Inc was a Chicago-based bank holding company that operated through The PrivateBank and Trust Company. The company provided banking and financial services primarily to middle-market businesses, professional firms, executives, entrepreneurs and high-net-worth individuals.

Its principal offerings included commercial lending, commercial real estate financing, treasury management, deposit accounts, mortgage lending, private banking and wealth management services. The bank served clients through offices in selected metropolitan markets, including Chicago and other major U.S.

Featured Stories

Receive News & Ratings for Private Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Private Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.