River City Bank (NASDAQ:RCBC) Research Coverage Started at Raymond James Financial

Raymond James Financial initiated coverage on shares of River City Bank (NASDAQ:RCBC) in a research report released on Monday morning, Marketbeat reports. The brokerage issued an outperform rating and a $56.00 target price on the stock.

RCBC has been the topic of several other reports. Stephens assumed coverage on shares of River City Bank in a report on Monday. They set an “equal weight” rating and a $54.00 price target on the stock. DA Davidson began coverage on shares of River City Bank in a research note on Monday. They issued a “neutral” rating and a $55.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, River City Bank presently has a consensus rating of “Hold” and an average target price of $55.00.

River City Bank Trading Up 1.5%

NASDAQ RCBC opened at $52.14 on Monday. River City Bank has a 1 year low of $37.00 and a 1 year 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.