Private Bancorp of America (OTCMKTS:PBAM) Given Overweight Rating at Stephens

Stephens reaffirmed their overweight rating on shares of Private Bancorp of America (OTCMKTS:PBAM) in a report released on Tuesday morning, Benzinga reports. They currently have a $41.00 target price on the stock.

Private Bancorp of America Stock Performance

Shares of PBAM opened at $34.28 on Tuesday. The stock has a 50-day moving average of $34.57 and a two-hundred day moving average of $34.33. Private Bancorp of America has a one year low of $23.65 and a one year high of $36.90. The stock has a market cap of $196.08 million, a P/E ratio of 4.98 and a beta of 0.22.

Private Bancorp of America Company Profile

Private Bancorp of America, Inc operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California. The company offers checking and savings, money market, certificate of deposit, sweep, zero balance, and individual retirement accounts; unsecured lines of credit, personal credit lines, and term loans; additional services, such as direct deposits, online banking, ATM and debit cards, credit cards, savings/line of credit overdraft protection, and safe deposit boxes; and certificate of deposit account registry services.