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Preferred Bank has a consensus price target of $104 based on the ratings of 4 analysts. The high is $111 issued by Piper Sandler on January 31, 2025. The low is $100 issued by Stephens & Co. on January 30, 2025. The 3 most-recent analyst ratings were released by Piper Sandler, Stephens & Co., and DA Davidson on January 31, 2025, January 30, 2025, and January 29, 2025, respectively. With an average price target of $104 between Piper Sandler, Stephens & Co., and DA Davidson, there's an implied 18.20% upside for Preferred Bank from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Preferred Bank (NASDAQ:PFBC) was reported by Piper Sandler on January 31, 2025. The analyst firm set a price target for $111.00 expecting PFBC to rise to within 12 months (a possible 26.16% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Preferred Bank (NASDAQ:PFBC) was provided by Piper Sandler, and Preferred Bank maintained their overweight rating.
There is no last upgrade for Preferred Bank
The last downgrade for Preferred Bank happened on July 7, 2022 when Raymond James changed their price target from N/A to N/A for Preferred Bank.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Preferred Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Preferred Bank was filed on January 31, 2025 so you should expect the next rating to be made available sometime around January 31, 2026.
While ratings are subjective and will change, the latest Preferred Bank (PFBC) rating was a maintained with a price target of $101.00 to $111.00. The current price Preferred Bank (PFBC) is trading at is $87.99, which is out of the analyst’s predicted range.
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