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Enter Symbol:
Preferred Bank (PFBC) [hlAlert]

up 94.96 %

Preferred Bank (PFBC) rated Outperform by Raymond James

Posted on: Monday,  Oct 5, 2015  10:25 AM ET by Raymond James

Raymond James rated Outperform Preferred Bank (NASDAQ: PFBC) on 10/05/2015. Previously Raymond James rated Outperform Preferred Bank (NASDAQ: PFBC) on 04/19/2013.,
when the stock price was $15.69. Since then, Preferred Bank has gained 94.96% as of 10/05/2015's recent price of $30.59.
If you would have followed the previous Raymond James's recommendation on PFBC, you would have gained 94.96% of your investment in 899 days.

Preferred Bank (the Bank) is an independent commercial bank in California focusing on the Chinese-American market. The Bank provides personalized deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net worth individuals. It provides a range of deposit and loan products and services to customers primarily in categories, such as real estate financing, middle market business, international travel finance, private banking and professionals. The Bank conducts banking business from its office in downtown Los Angeles, California and 12 full-service branch banking offices in Los Angeles, Orange and San Bernardino Counties. It markets its services and conducts its business primarily in Los Angeles, Orange, Ventura, Riverside and San Bernardino counties.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2015 10:25 AM Buy
as of 8/27/2015
1 Week down  -2.51 %
1 Month up  3.94 %
3 Months up  8.16 %
1 YTD up  52.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2013 8:25 AM Buy
9/24/2012 9:25 AM Hold

(*) Stock Price at the time of the recommendation.
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