Zacks Research Upgrades River City Bank (NASDAQ:RCBC) to “Hold”

River City Bank (NASDAQ:RCBC) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Raymond James Financial started coverage on shares of River City Bank in a research report on Monday. They issued an “outperform” rating and a $56.00 price target for the company. Weiss Ratings assumed coverage on River City Bank in a research report on Friday, August 28th. They set a “sell (d)” rating on the stock. Keefe, Bruyette & Woods raised River City Bank to a “moderate buy” rating in a report on Monday. Stephens started coverage on River City Bank in a research report on Monday. They issued an “equal weight” rating and a $54.00 target price for the company. Finally, DA Davidson initiated coverage on River City Bank in a research note on Monday. They set a “neutral” rating and a $55.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, River City Bank presently has an average rating of “Hold” and a consensus target price of $55.00.

River City Bank Stock Performance

Shares of NASDAQ:RCBC opened at $52.14 on Tuesday. River City Bank has a twelve month low of $37.00 and a twelve month high of $53.48.

River City Bank Company Profile

River City Bank is a California-based commercial bank headquartered in Sacramento. Founded in 1973, the bank provides banking and financial services to businesses, nonprofit organizations, professionals and individuals, with a focus on relationship-based service and customized financial solutions.

The bank’s offerings include commercial and commercial real estate lending, business and personal deposit accounts, treasury management, online and mobile banking, cash-management services and other traditional banking products.