Somewhat Favorable Press Coverage Somewhat Unlikely to Impact RBB Bancorp (RBB) Stock Price
Media coverage about RBB Bancorp (NASDAQ:RBB) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RBB Bancorp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media stories about the company an impact score of 48.5298649955722 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of research analysts have recently issued reports on RBB shares. Stephens started coverage on shares of RBB Bancorp in a research report on Tuesday, August 29th. They issued an “overweight” rating on the stock. Keefe, Bruyette & Woods started coverage on shares of RBB Bancorp in a research report on Monday, August 21st. They issued an “outperform” rating and a $25.00 price objective on the stock.
RBB Bancorp (NASDAQ:RBB) opened at 25.07 on Wednesday. RBB Bancorp has a 12 month low of $21.26 and a 12 month high of $25.32. The stock’s market cap is $395.88 million. The stock has a 50 day moving average of $22.97 and a 200-day moving average of $22.84.
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About RBB Bancorp
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
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