River City Bank (NASDAQ:RCBC) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of River City Bank (NASDAQ:RCBC) to a hold rating in a research note released on Tuesday,Zacks reports.

Other research analysts have also issued reports about the company. DA Davidson assumed coverage on River City Bank in a report on Monday. They issued a “neutral” rating and a $55.00 price objective on the stock. Raymond James Financial initiated coverage on shares of River City Bank in a research note on Monday. They issued an “outperform” rating and a $56.00 price target on the stock. Weiss Ratings started coverage on shares of River City Bank in a research report on Friday, August 28th. They set a “sell (d)” rating on the stock. Keefe, Bruyette & Woods upgraded shares of River City Bank to a “moderate buy” rating in a research note on Monday. Finally, Stephens started coverage on shares of River City Bank in a research report on Monday. They set an “equal weight” rating and a $54.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $55.00.

River City Bank Trading Up 1.5%

River City Bank stock opened at $52.14 on Tuesday. River City Bank has a twelve month low of $37.00 and a twelve month high of $53.48.

About River City Bank

River City Bank is a California-based commercial bank headquartered in Sacramento. Founded in 1973, the bank provides banking and financial services to businesses, nonprofit organizations, professionals and individuals, with a focus on relationship-based service and customized financial solutions.

The bank’s offerings include commercial and commercial real estate lending, business and personal deposit accounts, treasury management, online and mobile banking, cash-management services and other traditional banking products.