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Preferred Bank

PFBCNASDAQ
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$86.12
-5.08-5.57%
At close: -
$86.12
0.000.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$105.00
Lowest Price Target1
$60.00
Consensus Price Target1
$90.80

Preferred Bank (NASDAQ:PFBC) Stock, Analyst Ratings, Price Targets, Forecasts

Preferred Bank has a consensus price target of $90.8 based on the ratings of 6 analysts. The high is $105 issued by Piper Sandler on July 29, 2024. The low is $60 issued by DA Davidson on April 20, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Piper Sandler on October 22, 2024, July 30, 2024, and July 29, 2024, respectively. With an average price target of $98 between Stephens & Co., Stephens & Co., and Piper Sandler, there's an implied 13.79% upside for Preferred Bank from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
Piper Sandler
DA Davidson
Janney Montgomery Scott
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for Preferred Bank

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Preferred Bank (PFBC) stock?

A

The latest price target for Preferred Bank (NASDAQ:PFBC) was reported by Stephens & Co. on October 22, 2024. The analyst firm set a price target for $94.00 expecting PFBC to rise to within 12 months (a possible 9.15% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Preferred Bank (PFBC)?

A

The latest analyst rating for Preferred Bank (NASDAQ:PFBC) was provided by Stephens & Co., and Preferred Bank maintained their overweight rating.

Q

When was the last upgrade for Preferred Bank (PFBC)?

A

The last upgrade for Preferred Bank happened on February 16, 2022 when Janney Montgomery Scott raised their price target to $95. Janney Montgomery Scott previously had a neutral for Preferred Bank.

Q

When was the last downgrade for Preferred Bank (PFBC)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Preferred Bank (PFBC)?

A

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 October 22, 2024 so you should expect the next rating to be made available sometime around October 22, 2025.

Q

Is the Analyst Rating Preferred Bank (PFBC) correct?

A

While ratings are subjective and will change, the latest Preferred Bank (PFBC) rating was a maintained with a price target of $90.00 to $94.00. The current price Preferred Bank (PFBC) is trading at is $86.12, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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