KBW analyst Wood Lay maintained a Buy rating on California BanCorp (CALB – Research Report) yesterday and set a price target of $28.00. The company’s shares closed yesterday at $25.79.
According to TipRanks, Lay is a 3-star analyst with an average return of 9.7% and a 42.86% success rate. Lay covers the Financial sector, focusing on stocks such as First Financial Northwest, HomeStreet, and Bank Of Marin Bancorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for California BanCorp with a $26.50 average price target.
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The company has a one-year high of $26.17 and a one-year low of $12.78. Currently, California BanCorp has an average volume of 13.6K.
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California BanCorp (CALB) Company Description:
California BanCorp is a holding company, which engages in the provision of banking and financial solutions. It offers deposits, lending, cash management, international banking as well as real estate mortgage, real estate construction, commercial, and installment loans. The company was founded March 31, 2017 and is headquartered in Lafayette, CA.
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