NASDAQ:PFBC - Preferred Bank Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $46.60
  • Forecasted Upside: 35.47 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$34.40
▼ -0.11 (-0.32%)
1 month | 3 months | 12 months
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Analyst Price Target for PFBC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$46.60
▲ +35.47% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Preferred Bank in the last 3 months. The average price target is $46.60, with a high forecast of $64.00 and a low forecast of $36.00. The average price target represents a 35.47% upside from the last price of $34.40.
Hold
The current consensus among 5 contributing investment analysts is to hold stock in Preferred Bank.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/30/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/29/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/27/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/21/2020

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/1/2020Piper SandlerLower Price TargetOverweight$44.00 ➝ $37.00Medium
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Rating by Nicholas Cucharale at Piper Sandler
9/9/2020Raymond JamesReiterated RatingHoldLow
i
6/4/2020Piper SandlerReiterated RatingOverweight$45.00High
i
4/24/2020DA DavidsonLower Price TargetNeutral$40.00 ➝ $36.00Low
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4/13/2020B. RileyLower Price TargetNeutral$65.00 ➝ $40.00High
i
1/28/2020StephensBoost Price TargetEqual Weight$59.00 ➝ $64.00Low
i
1/9/2020B. RileyBoost Price TargetNeutral$55.00 ➝ $65.00Low
i
Rating by S. Moss at B. Riley
1/7/2020Raymond JamesDowngradeOutperform ➝ Market Perform$56.00Medium
i
Rating by Donald Worthington at Raymond James
10/18/2019Raymond JamesBoost Price TargetOutperform$55.00 ➝ $56.00Low
i
Rating by Donald Worthington at Raymond James
10/17/2019Janney Montgomery ScottDowngradeBuy ➝ NeutralHigh
i
8/29/2019Raymond JamesLower Price TargetOutperform$57.00 ➝ $55.00High
i
Rating by Donald Worthington at Raymond James
8/21/2019B. RileyDowngradeBuy ➝ Neutral$59.00 ➝ $55.00High
i
Rating by Steve Moss at B. Riley
7/19/2019DA DavidsonSet Price TargetHold$56.00High
i
Rating by Gary Tenner at DA Davidson
7/19/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform$57.00Low
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7/11/2019B. RileySet Price TargetBuy$59.00Medium
i
Rating by Steve Moss at B. Riley
6/5/2019DA DavidsonDowngradeBuy ➝ Neutral$60.00 ➝ $52.00High
i
Rating by G. Tenner at DA Davidson
4/22/2019Raymond JamesLower Price TargetStrong-Buy ➝ Strong-Buy$60.00 ➝ $58.00Low
i
4/12/2019FIG PartnersReiterated RatingOutperformMedium
i
Rating by T. Coffey at FIG Partners
1/22/2019StephensReiterated RatingHold$51.00Low
i
10/30/2018B. RileySet Price TargetBuy$76.00Medium
i
Rating by Steve Moss at B. Riley
10/19/2018Raymond JamesLower Price TargetStrong-Buy ➝ Strong-Buy$77.00 ➝ $72.00High
i
10/17/2018B. RileySet Price TargetBuy$80.00Low
i
Rating by Steve Moss at B. Riley
10/4/2018Raymond JamesUpgradeOutperform ➝ Strong-BuyMedium
i
7/20/2018B. RileyBoost Price TargetBuy ➝ Buy$76.00 ➝ $80.00Low
i
7/10/2018Raymond JamesDowngradeStrong-Buy ➝ OutperformMedium
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7/6/2018StephensDowngradeOverweight ➝ Equal WeightLow
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1/24/2018B. RileyReiterated RatingBuy$76.00Low
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1/23/2018Sandler O'NeillReiterated RatingBuy$73.00Medium
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1/9/2018Raymond JamesUpgradeOutperform ➝ Strong-Buy$71.00High
i
1/9/2018UBS GroupUpgradeOutperform ➝ Strong-BuyN/A
i
10/25/2017FBR & CoReiterated RatingBuy$65.00 ➝ $70.00N/A
i
Rating by Steve Moss at FBR & Co
7/19/2017FBR & CoReiterated RatingBuyLow
i
Rating by Steve Moss at FBR & Co
7/10/2017StephensUpgradeEqual Weight ➝ OverweightMedium
i
4/20/2017FBR & CoReiterated RatingBuyMedium
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4/6/2017StephensInitiated CoverageEqual WeightMedium
i
1/23/2017FBR & CoBoost Price TargetOutperform$60.00 ➝ $65.00N/A
i
Rating by Bob Ramsey at FBR & Co
10/20/2016FBR & CoReiterated RatingBuyN/A
i
Rating by Bob Ramsey at FBR & Co
8/25/2016Raymond JamesUpgradeOutperform ➝ Strong-Buy$15.00N/A
i
7/22/2016FBR & CoBoost Price TargetOutperform$37.00 ➝ $39.00N/A
i
Rating by Bob Ramsey at FBR & Co
7/21/2016FBR & CoReiterated RatingOutperform$37.00 ➝ $39.00N/A
i
Rating by ">Bob Ramsey at FBR & Co
7/1/2016FBR & CoInitiated CoverageOutperform$37.00N/A
i
Rating by B. Ramsey at FBR & Co
(Data available from 10/21/2015 forward)
Preferred Bank logo
Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital and term loans for capital expenditures, as well as equipment financing. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, export financing, bills purchase programs, and acceptances/trust receipt financing products, as well as standby letters of credit, and foreign exchange services for importers and exporters. Further, it provides various high-wealth banking services to wealthy individuals residing in the Pacific Rim area; and remote deposit capture, and online and mobile banking services. Additionally, the company offers various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. As of December 31, 2019, it had thirteen full-service branch offices in Alhambra, Arcadia, Century City, City of Industry, Diamond Bar, Los Angeles, Pico Rivera, San Francisco, Tarzana, Torrance, and Irvine, California; and Flushing, New York. The company was founded in 1991 and is headquartered in Los Angeles, California.
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Today's Range

Now: $34.40
$34.38
$34.98

50 Day Range

MA: $34.05
$31.09
$37.59

52 Week Range

Now: $34.40
$20.04
$64.50

Volume

80,626 shs

Average Volume

88,175 shs

Market Capitalization

$517.72 million

P/E Ratio

7.26

Dividend Yield

3.48%

Beta

1.46