Preferred Bank (NASDAQ:PFBC) Ratings Coverage
Among 2 analysts covering Preferred Bank (NASDAQ:PFBC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Preferred Bank had 2 analyst reports since July 20, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Friday, July 20. The stock of Preferred Bank (NASDAQ:PFBC) earned “Strong Buy” rating by Raymond James on Friday, October 19. Below is a list of Preferred Bank (NASDAQ:PFBC) latest ratings and price target changes.
19/10/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Strong Buy Old Target: $77 New Target: $72 Maintain
20/07/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $76 New Target: $80 Maintain
The stock decreased 2.30% or $1.19 during the last trading session, reaching $50.48. About 37,825 shares traded. Preferred Bank (NASDAQ:PFBC) has risen 14.54% since November 14, 2017 and is uptrending. It has underperformed by 1.08% the S&P500.
Preferred Bank provides various commercial banking services and products to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company has market cap of $773.86 million. The companyÂ’s deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposit; and individual retirement accounts and non-retail certificates of deposit. It has a 12.8 P/E ratio. It also provides real estate mini-perm loans that are secured by retail, industrial, office, special purpose, residential, and residential multi-family properties; real estate construction loans; commercial loan products comprising lines of credit for working capital and term loans for capital expenditures; and trade finance products, such as commercial and standby letters of credit, acceptance financing, documentary collections, foreign draft collections, international wires, and foreign exchange for importers and exporters.
More news for Preferred Bank (NASDAQ:PFBC) were recently published by: Nasdaq.com, which released: “Preferred Bank Reports Quarterly Earnings” on October 17, 2018. Seekingalpha.com‘s article titled: “Preferred Bank (PFBC) CEO Li Yu on Q3 2018 Results – Earnings Call Transcript” and published on October 18, 2018 is yet another important article.