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Preferred Bank - PFBC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $67.00
  • Forecasted Upside: -15.79%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$79.56 As of 05/8/2024 06:12 PM ET
▲ +0.71 (0.90%)

This chart shows the closing price for PFBC by one month, three months, or twelve months.

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Analyst Price Target for PFBC

Analyst Price Target is $67.00
▼ -15.79% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Preferred Bank in the last 3 months. The average price target is $67.00, with a high forecast of $70.00 and a low forecast of $64.00. The average price target represents a -15.79% upside from the last price of $79.56.

This chart shows the closing price for PFBC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in Preferred Bank. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/11/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/9/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/7/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/7/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/7/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/21/2023DA DavidsonBoost Target$60.00 ➝ $70.00Low
7/20/2023StephensReiterated RatingOverweight ➝ Overweight$64.00Low
4/20/2023DA DavidsonLower TargetNeutral$64.00 ➝ $60.00Low
4/20/2023Piper SandlerLower Target$73.00 ➝ $72.00Low
4/5/2023DA DavidsonReiterated RatingNeutralLow
3/13/2023StephensReiterated RatingOverweight$81.00Low
1/20/2023DA DavidsonLower TargetNeutral$82.00 ➝ $76.00Low
10/27/2022DA DavidsonBoost Target$82.00Low
7/11/2022B. RileyLower Target$95.00 ➝ $80.00N/A
7/7/2022Raymond JamesDowngradeOutperform ➝ Market PerformN/A
4/12/2022B. RileyLower Target$100.00 ➝ $95.00Medium
2/16/2022Janney Montgomery ScottUpgradeNeutral ➝ Buy$95.00Low
1/24/2022Piper SandlerBoost TargetOverweight$85.00 ➝ $94.00Medium
1/21/2022B. RileyBoost TargetBuy$95.00 ➝ $100.00Medium
1/21/2022Raymond JamesBoost TargetOutperform$75.00 ➝ $85.00Medium
1/12/2022B. RileyBoost TargetBuy$80.00 ➝ $95.00Low
11/17/2021Piper SandlerBoost TargetOverweight$85.00 ➝ $88.00Low
10/29/2021StephensUpgradeEqual Weight ➝ Overweight$74.00 ➝ $79.00Medium
4/14/2021Piper SandlerBoost TargetAverage ➝ Above Average$71.00 ➝ $82.00High
4/9/2021B. RileyBoost TargetBuy$75.00 ➝ $80.00Medium
4/7/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$72.00Low
2/24/2021B. RileyReiterated RatingBuy$73.00 ➝ $75.00Medium
2/2/2021B. RileyBoost TargetBuy$64.00 ➝ $73.00Low
12/18/2020B. RileyUpgradeNeutral ➝ Buy$45.00 ➝ $64.00Low
12/4/2020B. RileyBoost TargetPositive ➝ Neutral$40.00 ➝ $45.00High
10/1/2020Piper SandlerLower TargetOverweight$44.00 ➝ $37.00Medium
9/9/2020Raymond JamesReiterated RatingHoldLow
6/4/2020Piper SandlerReiterated RatingOverweight$45.00High
4/24/2020DA DavidsonLower TargetNeutral$40.00 ➝ $36.00Low
4/13/2020B. RileyLower TargetNeutral$65.00 ➝ $40.00High
1/28/2020StephensBoost TargetEqual Weight$59.00 ➝ $64.00Low
1/9/2020B. RileyBoost TargetNeutral$55.00 ➝ $65.00Low
1/7/2020Raymond JamesDowngradeOutperform ➝ Market Perform$56.00Medium
10/18/2019Raymond JamesBoost TargetOutperform$55.00 ➝ $56.00Low
10/17/2019Janney Montgomery ScottDowngradeBuy ➝ NeutralHigh
8/29/2019Raymond JamesLower TargetOutperform$57.00 ➝ $55.00High
8/21/2019B. RileyDowngradeBuy ➝ Neutral$59.00 ➝ $55.00High
7/19/2019DA DavidsonSet TargetHold$56.00High
7/19/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform$57.00Low
7/11/2019B. RileySet TargetBuy$59.00Medium
6/5/2019DA DavidsonDowngradeBuy ➝ Neutral$60.00 ➝ $52.00High
(Data available from 5/8/2019 forward)

News Sentiment Rating

0.61 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/11/2023
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/10/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/10/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/9/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/8/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/9/2024
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/8/2024
  • 8 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2024

Current Sentiment

  • 8 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Preferred Bank logo
Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and SBA loans. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, and bills purchase programs. Further, it provides various high-wealth banking services to wealthy individuals residing in the Pacific Rim area; and remote deposit capture, bill pay, treasury management, and internet and mobile banking services. Additionally, the company offers various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. The company was incorporated in 1991 and is headquartered in Los Angeles, California.
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Today's Range

Now: $79.56
Low: $78.01
High: $79.65

50 Day Range

MA: $74.68
Low: $70.76
High: $79.37

52 Week Range

Now: $79.56
Low: $44.41
High: $80.11

Volume

46,114 shs

Average Volume

92,115 shs

Market Capitalization

$1.15 billion

P/E Ratio

7.68

Dividend Yield

3.53%

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of Preferred Bank?

The following Wall Street research analysts have issued stock ratings on Preferred Bank in the last year: DA Davidson, Stephens, and StockNews.com.
View the latest analyst ratings for PFBC.

What is the current price target for Preferred Bank?

2 Wall Street analysts have set twelve-month price targets for Preferred Bank in the last year. Their average twelve-month price target is $67.00, suggesting a possible downside of 15.8%. DA Davidson has the highest price target set, predicting PFBC will reach $70.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $64.00 for Preferred Bank in the next year.
View the latest price targets for PFBC.

What is the current consensus analyst rating for Preferred Bank?

Preferred Bank currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PFBC will outperform the market and that investors should add to their positions of Preferred Bank.
View the latest ratings for PFBC.

What other companies compete with Preferred Bank?

Other companies that are similar to Preferred Bank include Peoples Bancorp, S&T Bancorp, TriCo Bancshares, Republic Bancorp and 1st Source. Learn More about companies similar to Preferred Bank.

How do I contact Preferred Bank's investor relations team?

Preferred Bank's physical mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The bank's listed phone number is (213) 891-1188 and its investor relations email address is [email protected]. The official website for Preferred Bank is www.preferredbank.com. Learn More about contacing Preferred Bank investor relations.