Piper Sandler analyst Matthew Clark maintained a Hold rating on PCB Bancorp (PCB – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $16.85.
Clark covers the Financial sector, focusing on stocks such as PCB Bancorp, Cathay General Bancorp, and Columbia Banking System. According to TipRanks, Clark has an average return of 6.9% and a 53.55% success rate on recommended stocks.
PCB Bancorp has an analyst consensus of Hold, with a price target consensus of $16.00.
See Insiders’ Hot Stocks on TipRanks >>
Based on PCB Bancorp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $28.21 million and a net profit of $10.3 million. In comparison, last year the company earned a revenue of $25.57 million and had a net profit of $8.15 million
Based on the recent corporate insider activity of 44 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 PCB in relation to earlier this year. Earlier this month, AHN KIJUN, a Director at PCB bought 24,200.00 shares for a total of $249,986.00.
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.
PCB Bancorp is a bank holding company, which engages in the provision of consumer and commercial banking services. It includes personal and business checking accounts and savings accounts. The company was founded on July 9, 2007 and is headquartered in Los Angeles, CA.
Read More on PCB:
