Analyst Price Target is $26.67
▲ +6.28% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for California BanCorp in the last 3 months. The average price target is $26.67, with a high forecast of $31.00 and a low forecast of $23.00. The average price target represents a 6.28% upside from the last price of $25.09.
Current Consensus is
Buy
The current consensus among 3 polled investment analysts is to buy stock in California BanCorp. This rating has held steady since July 2023, when it changed from a Moderate Buy consensus rating.
California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services to businesses and professionals in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; commercial letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. California BanCorp was founded in 2007 and is headquartered in Oakland, California.
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