TriCo Bancshares Upgraded to Outperform by Keefe, Bruyette & Woods (TCBK)
TriCo Bancshares (NASDAQ:TCBK) was upgraded by stock analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report issued on Thursday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of TriCo Bancshares from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $31.30 price target on the stock. Finally, analysts at DA Davidson raised their price target on shares of TriCo Bancshares from $24.00 to $26.00 in a research note to investors on Thursday, October 31st. They now have a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $27.08.
TriCo Bancshares (NASDAQ:TCBK) traded down 0.19% on Thursday, hitting $26.94. The stock had a trading volume of 182,546 shares. TriCo Bancshares has a 52 week low of $15.64 and a 52 week high of $29.30. The stock has a 50-day moving average of $27.73 and a 200-day moving average of $24.21. The company has a market cap of $433.1 million and a P/E ratio of 16.25.
TriCo Bancshares (NASDAQ:TCBK) is a bank holding company that operates through its wholly owned subsidiary, Tri Counties Bank (the Bank).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.