TriCo Bancshares Hits New 52-Week High at $23.55 (TCBK)
Shares of TriCo Bancshares (NASDAQ:TCBK) hit a new 52-week high during mid-day trading on Thursday, Analyst Ratings News reports. The stock traded as high as $23.55 and last traded at $23.37, with a volume of 10,726 shares trading hands. The stock had previously closed at $22.63.
TCBK has been the subject of a number of recent research reports. Analysts at Raymond James upgraded shares of TriCo Bancshares from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, August 5th. They now have a $24.00 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of TriCo Bancshares from $19.00 to $23.00 in a research note to investors on Monday, July 29th.
TriCo Bancshares has a 52-week low of $14.68 and a 52-week high of $23.34. The stock’s 50-day moving average is $21.63 and its 200-day moving average is $20.38. The company has a market cap of $375.5 million and a price-to-earnings ratio of 14.88.
TriCo Bancshares (NASDAQ:TCBK) is a bank holding company that operates through its wholly owned subsidiary, Tri Counties Bank (the Bank).
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