Smarter Analyst

B.Riley FBR Thinks BayCom’s Stock is Going to Recover

B.Riley FBR analyst Steve Moss reiterated a Buy rating on BayCom (BCML) today and set a price target of $15.00. The company’s shares closed last Friday at $10.96, close to its 52-week low of $10.65.

According to TipRanks.com, Moss has currently no stars on a ranking scale of 0-5 stars, with an average return of -8.0% and a 37.5% success rate. Moss covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Seacoast Banking Of Florida, and Bridgewater Bancshares.

Currently, the analyst consensus on BayCom is a Moderate Buy with an average price target of $15.00.

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BayCom’s market cap is currently $135.1M and has a P/E ratio of 7.50. The company has a Price to Book ratio of 0.64.

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BCML in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BayCom Corp. is a bank holding company of Bay Commercial Bank, which engages in the provision of financial services to businesses and business owners as well as individuals. It focuses on passive investment activities and oversight of its investment to its bank subsidiary. The company was founded on November 9, 2016 and is headquartered in Walnut Creek, CA.