Private Bancorp (NASDAQ:PBAM – Free Report) had its price objective raised by DA Davidson from $96.00 to $105.00 in a research note issued to investors on Monday, MarketBeat Ratings reports. They currently have a buy rating on the stock.
Private Bancorp Price Performance
PBAM stock opened at $88.51 on Monday. Private Bancorp has a one year low of $54.45 and a one year high of $89.10. The stock has a market cap of $507.16 million, a price-to-earnings ratio of 11.49 and a beta of 0.06. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.03.
Private Bancorp Company Profile
PrivateBancorp, Inc was a Chicago-based bank holding company that operated through The PrivateBank and Trust Company. The company provided banking and financial services primarily to middle-market businesses, professional firms, executives, entrepreneurs and high-net-worth individuals.
Its principal offerings included commercial lending, commercial real estate financing, treasury management, deposit accounts, mortgage lending, private banking and wealth management services. The bank served clients through offices in selected metropolitan markets, including Chicago and other major U.S.
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