Keefe, Bruyette & Woods Upgrades River City Bank (NASDAQ:RCBC) to Moderate Buy

River City Bank (NASDAQ:RCBC) was upgraded by Keefe, Bruyette & Woods to a “moderate buy” rating in a note issued to investors on Monday, Zacks reports.

RCBC has been the subject of a number of other research reports. Raymond James Financial assumed coverage on shares of River City Bank in a report on Monday. They issued an “outperform” rating and a $56.00 price objective for the company. DA Davidson started coverage on shares of River City Bank in a report on Monday. They set a “neutral” rating and a $55.00 target price on the stock. Stephens assumed coverage on shares of River City Bank in a research report on Monday. They issued an “equal weight” rating and a $54.00 price target for the company. Finally, Weiss Ratings began coverage on River City Bank in a research note on Friday. They issued a “sell (d)” rating for the company. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.00.

River City Bank Stock Up 0.6%

Shares of River City Bank stock opened at $51.16 on Monday. River City Bank has a 52-week low of $36.76 and a 52-week high of $51.16.

About River City Bank

River City Bank is a California-based commercial bank headquartered in Sacramento. Founded in 1973, the bank provides banking and financial services to businesses, nonprofit organizations, professionals and individuals, with a focus on relationship-based service and customized financial solutions.

The bank’s offerings include commercial and commercial real estate lending, business and personal deposit accounts, treasury management, online and mobile banking, cash-management services and other traditional banking products.