Wall Street Zen upgraded shares of River City Bank (NASDAQ:RCBC – Free Report) to a hold rating in a research report released on Saturday,Wall Street Zen reports.
Other analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods raised shares of River City Bank to a “moderate buy” rating in a research note on Monday, August 31st. Raymond James Financial initiated coverage on River City Bank in a report on Monday, August 31st. They issued an “outperform” rating and a $56.00 price objective on the stock. DA Davidson assumed coverage on River City Bank in a research report on Monday, August 31st. They issued a “neutral” rating and a $55.00 price objective for the company. Stephens assumed coverage on River City Bank in a research report on Monday, August 31st. They issued an “equal weight” rating and a $54.00 price objective for the company. Finally, Zacks Research raised River City Bank to a “hold” rating in a research note on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $55.00.
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About River City Bank
River City Bank is a commercial bank headquartered in Sacramento, California. The bank provides banking and financial services to businesses, professionals, nonprofit organizations and individuals, with an emphasis on relationship-based commercial banking.
Its products and services include commercial and industrial lending, commercial real estate financing, construction loans, business lines of credit, residential and consumer loans, deposit accounts, treasury management and online banking services.
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