Private Bancorp of America (OTCMKTS:PBAM) Rating Reiterated by Stephens

Private Bancorp of America (OTCMKTS:PBAM)‘s stock had its “overweight” rating reissued by investment analysts at Stephens in a note issued to investors on Tuesday, Benzinga reports. They currently have a $41.00 price objective on the stock. Stephens’ price objective indicates a potential upside of 20.41% from the stock’s current price.

Private Bancorp of America Stock Performance

Shares of PBAM opened at $34.05 on Tuesday. The company has a 50-day simple moving average of $34.66 and a 200-day simple moving average of $34.32. Private Bancorp of America has a 52 week low of $23.65 and a 52 week high of $36.90. The firm has a market capitalization of $194.77 million, a P/E ratio of 4.95 and a beta of 0.22.

About Private Bancorp of America

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.