River City Bank (NASDAQ:RCBC) Given Average Rating of “Hold” by Analysts

Shares of River City Bank (NASDAQ:RCBC) have earned an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $55.00.

RCBC has been the topic of a number of analyst reports. Stephens assumed coverage on River City Bank in a report on Monday. They set an “equal weight” rating and a $54.00 target price on the stock. Raymond James Financial began coverage on River City Bank in a research note on Monday. They set an “outperform” rating and a $56.00 price target on the stock. DA Davidson began coverage on River City Bank in a research note on Monday. They issued a “neutral” rating and a $55.00 target price for the company. Weiss Ratings started coverage on River City Bank in a research note on Friday, August 28th. They issued a “sell (d)” rating on the stock. Finally, Zacks Research upgraded River City Bank to a “hold” rating in a report on Tuesday.

River City Bank Stock Performance

Shares of NASDAQ RCBC opened at $52.14 on Thursday. River City Bank has a 12-month low of $37.00 and a 12-month high of $53.48.

River City Bank Company Profile

River City Bank is a California-based commercial bank headquartered in Sacramento. Founded in 1973, the bank provides banking and financial services to businesses, nonprofit organizations, professionals and individuals, with a focus on relationship-based service and customized financial solutions.

The bank’s offerings include commercial and commercial real estate lending, business and personal deposit accounts, treasury management, online and mobile banking, cash-management services and other traditional banking products.