Press coverage about Preferred Bank (NASDAQ:PFBC) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Preferred Bank earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 46.6997762919549 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
PFBC has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Preferred Bank from a “hold” rating to a “buy” rating and set a $73.00 price objective for the company in a research note on Saturday, October 28th. FBR & Co restated a “buy” rating and set a $70.00 price objective (up from $65.00) on shares of Preferred Bank in a research note on Wednesday, October 25th. Finally, ValuEngine lowered shares of Preferred Bank from a “buy” rating to a “hold” rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. Preferred Bank currently has an average rating of “Hold” and a consensus price target of $68.50.
Shares of Preferred Bank (NASDAQ:PFBC) opened at $63.33 on Friday. The firm has a market cap of $835.20, a PE ratio of 20.04, a price-to-earnings-growth ratio of 1.90 and a beta of 0.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.04 and a current ratio of 1.04. Preferred Bank has a 12 month low of $44.35 and a 12 month high of $66.58.
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Preferred Bank Company Profile
Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management.
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