Preferred Bank (PFBC) Gets a Hold Rating from Stephens


Stephens analyst Tyler Stafford maintained a Hold rating on Preferred Bank (PFBC) yesterday and set a price target of $49. The company’s shares closed yesterday at $42.93, close to its 52-week low of $41.88.

According to TipRanks.com, Stafford is a 3-star analyst with an average return of 1.3% and a 49.1% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pinnacle Financial Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Preferred Bank with a $65 average price target.

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The company has a one-year high of $69.48 and a one-year low of $41.88. Currently, Preferred Bank has an average volume of 80K.

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Preferred Bank engages in the provision of independent commercial banks. It offers personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, and professionals.

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