River City Bank (NASDAQ:RCBC) Raised to “Hold” at Wall Street Zen

River City Bank (NASDAQ:RCBC) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

RCBC has been the subject of a number of other reports. Stephens began coverage on River City Bank in a report on Monday, August 31st. They set an “equal weight” rating and a $54.00 price objective for the company. Keefe, Bruyette & Woods raised River City Bank to a “moderate buy” rating in a research report on Monday, August 31st. DA Davidson assumed coverage on River City Bank in a report on Monday, August 31st. They set a “neutral” rating and a $55.00 price target for the company. Raymond James Financial began coverage on River City Bank in a research report on Monday, August 31st. They issued an “outperform” rating and a $56.00 price target for the company. Finally, Zacks Research upgraded River City Bank to a “hold” rating in a research note on Tuesday, September 1st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, River City Bank presently has an average rating of “Hold” and an average target price of $55.00.

River City Bank Price Performance

Shares of RCBC opened at $51.08 on Friday. River City Bank has a 12-month low of $38.20 and a 12-month high of $54.88.

About River City Bank

River City Bank is a commercial bank headquartered in Sacramento, California. The bank provides banking and financial services to businesses, professionals, nonprofit organizations and individuals, with an emphasis on relationship-based commercial banking.

Its products and services include commercial and industrial lending, commercial real estate financing, construction loans, business lines of credit, residential and consumer loans, deposit accounts, treasury management and online banking services.