Preferred Bank Stock (NASDAQ:PFBC), Analyst Ratings, Price Targets, Predictions

The latest price target for Preferred Bank (NASDAQ: PFBC) was reported by Stephens & Co. on July 21, 2023. The analyst firm set a price target for $68.00 expecting PFBC to fall to within 12 months (a possible -12.67% downside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for Preferred Bank (NASDAQ: PFBC) was provided by Stephens & Co., and Preferred Bank maintained their overweight rating.

The last upgrade for Preferred Bank happened on February 16, 2022 when Janney Montgomery Scott raised their price target to $95. Janney Montgomery Scott previously had a neutral for Preferred Bank.

The last downgrade for Preferred Bank happened on July 7, 2022 when Raymond James changed their price target from N/A to N/A for Preferred Bank.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Preferred Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Preferred Bank was filed on July 21, 2023 so you should expect the next rating to be made available sometime around July 21, 2024.

While ratings are subjective and will change, the latest Preferred Bank (PFBC) rating was a maintained with a price target of $64.00 to $68.00. The current price Preferred Bank (PFBC) is trading at is $77.87, which is out of the analyst’s predicted range.