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Preferred Bank

PFBCNASDAQ
$84.63
11.20%
Last update: 3:15 PM
15 minutes delayed
Q2 2024 Earnings in 3 days from now on Thu Jul 25th, after the market close
Conference call scheduled in 4 days at 14:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$60.00
Consensus Price Target1
$83.40

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

Preferred Bank has a consensus price target of $83.4 based on the ratings of 6 analysts. The high is $100 issued by B. Riley Securities on January 21, 2022. 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 DA Davidson on July 21, 2023, July 20, 2023, and April 20, 2023, respectively. With an average price target of $64 between Stephens & Co., Stephens & Co., and DA Davidson, there's an implied -23.47% downside for Preferred Bank from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings

Analyst Ratings for Preferred Bank

Buy NowGet Alert
07/21/2023Buy Now-18.69%Stephens & Co.
Andrew Terrell
$64 → $68MaintainsOverweightGet Alert
07/20/2023Buy Now-23.47%Stephens & Co.
Andrew Terrell
→ $64ReiteratesOverweight → OverweightGet Alert
04/20/2023Buy Now-28.26%DA Davidson
Gary Tenner
$64 → $60MaintainsNeutralGet Alert
03/13/2023Buy Now-3.14%Stephens & Co.
Andrew Terrell
→ $81Reiterates → OverweightGet Alert
01/20/2023Buy Now-9.12%DA Davidson
Gary Tenner
$82 → $76MaintainsNeutralGet Alert
07/07/2022Buy NowRaymond James
David Feaster
DowngradeOutperform → Market PerformGet Alert
02/16/2022Buy Now13.6%Janney Montgomery Scott
Christopher Marinac
→ $95UpgradeNeutral → BuyGet Alert
01/24/2022Buy Now12.4%Piper Sandler
Matthew Clark
$85 → $94MaintainsOverweightGet Alert
01/21/2022Buy Now19.57%B. Riley Securities
Steve Moss
$95 → $100MaintainsBuyGet Alert
01/21/2022Buy Now1.64%Raymond James
David Feaster
$75 → $85MaintainsOutperformGet Alert
01/12/2022Buy Now13.6%B. Riley Securities
Steve Moss
$80 → $95MaintainsBuyGet Alert
11/17/2021Buy Now5.23%Piper Sandler
Matthew Clark
MaintainsOverweightGet Alert
10/29/2021Buy Now-5.54%Stephens & Co.
Andrew Terrell
UpgradeEqual-Weight → OverweightGet Alert
10/25/2021Buy Now-10.32%Raymond James
David Feaster
MaintainsOutperformGet Alert

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 July 21, 2023. The analyst firm set a price target for $68.00 expecting PFBC to fall to within 12 months (a possible -19.65% downside). 0 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 July 21, 2023 so you should expect the next rating to be made available sometime around July 21, 2024.

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 $64.00 to $68.00. The current price Preferred Bank (PFBC) is trading at is $84.63, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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