River City Bank (NASDAQ:RCBC) Stock Rated “Hold” by Sell-Side Brokerages

Shares of River City Bank (NASDAQ:RCBC) have been assigned an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $55.00.

Several brokerages recently commented on RCBC. Weiss Ratings began coverage on shares of River City Bank in a research note on Friday, August 28th. They issued a “sell (d)” rating for the company. Raymond James Financial initiated coverage on shares of River City Bank in a research note on Monday, August 31st. They set an “outperform” rating and a $56.00 target price on the stock. DA Davidson assumed coverage on shares of River City Bank in a report on Monday, August 31st. They set a “neutral” rating and a $55.00 price target for the company. Wall Street Zen upgraded shares of River City Bank to a “hold” rating in a report on Saturday, September 26th. Finally, Stephens began coverage on River City Bank in a research note on Monday, August 31st. They issued an “equal weight” rating and a $54.00 price target for the company.

River City Bank Stock Performance

Shares of River City Bank stock opened at $55.52 on Friday. River City Bank has a 1 year low of $38.50 and a 1 year high of $56.71.

River City Bank Company Profile

River City Bank is a California-based commercial bank that provides banking and financial services to businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and offers commercial and real estate lending, business and personal deposit accounts, treasury management and online banking services.

Founded in 1973, River City Bank is headquartered in Sacramento and serves customers primarily throughout Northern California. Its banking activities include providing credit facilities for commercial enterprises and real estate projects, along with cash-management and other financial solutions designed to support business operations.

River City Bank operates through its banking offices and digital channels, serving markets that include the Sacramento region and the San Francisco Bay Area.