In a report released yesterday, Kelly Motta from KBW maintained a Hold rating on Rbb Bancorp (RBB – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $18.69.
According to TipRanks, Motta is a 3-star analyst with an average return of 6.6% and a 60.00% success rate. Motta covers the Financial sector, focusing on stocks such as Customers Bancorp, Rbb Bancorp, and Territorial Bancorp.
The word on The Street in general, suggests a Hold analyst consensus rating for Rbb Bancorp with a $20.50 average price target.
RBB market cap is currently $344.3M and has a P/E ratio of 8.93.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RBB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rbb Bancorp (RBB) Company Description:
RBB Bancorp operates as bank holding company, which through its subsidiary, Royal Business Bank, engages in the provision of full service commercial bank. It provides remote deposit, e-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, commercial and industrial loans, SBA 7A and 504 loans, 1-4 single family residential loans, trade finance, and a full range of depository accounts. The company was founded in January 2011 and is headquartered in Los Angeles, CA.
