River City Bank (NASDAQ:RCBC) Now Covered by Analysts at Stephens

Analysts at Stephens assumed coverage on shares of River City Bank (NASDAQ:RCBC) in a research report issued on Monday, MarketBeat.com reports. The brokerage set an “equal weight” rating and a $54.00 price target on the stock. Stephens’ target price would indicate a potential upside of 6.15% from the stock’s previous close.

Separately, DA Davidson began coverage on shares of River City Bank in a research note on Monday. They issued a “neutral” rating and a $55.00 price target for the company. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $55.00.

River City Bank Price Performance

River City Bank stock opened at $50.87 on Monday.

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.