As previously reported, Stephens analyst Andrew Terrell initiated coverage of Plumas Bancorp (PLBC) with an Overweight rating and $60 price target The bank, which operates predominantly in rural northern California markets is “one of the highest quality small cap bank franchises in the country,” the analyst tells investors. Current excess capital presents “a sizable opportunity,” adds the analyst, who forecasts continued, significant capital accretion that could drive earnings upside over time given “best-in-class profitability.”
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Read More on PLBC:
- Plumas Bancorp initiated with an Overweight at Stephens
- Plumas Bancorp Shares Investor Presentation Highlights
- Plumas Bancorp reports Q3 EPS $1.31 vs $1.34 last year
- Plumas Bancorp price target raised to $45 from $43 at Raymond James
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
