RBB Bancorp (NYSE:RBB) has earned a consensus broker rating score of 1.50 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy rating and one has given a strong buy rating to the company. RBB Bancorp’s rating score has improved by 25% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Brokers have set a twelve-month consensus price target of $25.00 for the company, according to Zacks. Zacks has also assigned RBB Bancorp an industry rank of 163 out of 265 based on the ratings given to its competitors.

RBB has been the subject of several research reports. Stephens initiated coverage on RBB Bancorp in a research note on Tuesday, August 29th. They issued an “overweight” rating and a $25.00 target price for the company. Keefe, Bruyette & Woods initiated coverage on RBB Bancorp in a research note on Monday, August 21st. They issued an “outperform” rating and a $25.00 target price for the company. Finally, Sandler O’Neill initiated coverage on RBB Bancorp in a research note on Monday, August 21st. They issued a “buy” rating and a $25.00 target price for the company.

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Shares of RBB Bancorp (NYSE:RBB) traded up $0.51 on Tuesday, reaching $24.09. The company’s stock had a trading volume of 12,200 shares, compared to its average volume of 58,027. The company has a quick ratio of 1.02, a current ratio of 1.08 and a debt-to-equity ratio of 0.27. RBB Bancorp has a 1-year low of $21.26 and a 1-year high of $25.32.

The company also recently announced a special dividend, which will be paid on Thursday, November 30th. Shareholders of record on Tuesday, October 31st will be paid a $0.08 dividend. The ex-dividend date is Monday, October 30th.

Institutional investors and hedge funds have recently modified their holdings of the business. Harbor Advisors LLC purchased a new stake in shares of RBB Bancorp during the third quarter valued at approximately $229,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of RBB Bancorp during the third quarter valued at approximately $3,434,000. Pillar Pacific Capital Management LLC purchased a new stake in shares of RBB Bancorp during the third quarter valued at approximately $357,000. Boston Partners purchased a new stake in shares of RBB Bancorp during the third quarter valued at approximately $3,347,000. Finally, Commonwealth Equity Services Inc purchased a new stake in shares of RBB Bancorp during the third quarter valued at approximately $369,000. 2.18% of the stock is owned by institutional investors and hedge funds.

RBB Bancorp Company Profile

RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.

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