<div id="readability-page-1"><p><span>PCB Bancorp (NASDAQ:PCB - Get Free Report)</span> had its target price hoisted by research analysts at Keefe, Bruyette &amp; Woods  from $23.50 to $25.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a &#34;market perform&#34; rating on the stock. Keefe, Bruyette &amp; Woods' price target would indicate a potential upside of 14.57% from the company's previous close.</p><p>Several other research analysts have also recently weighed in on the stock. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of PCB Bancorp in a research report on Tuesday, October 14th. Piper Sandler upped their price objective on shares of PCB Bancorp from $23.00 to $24.00 and gave the stock a &#34;neutral&#34; rating in a research report on Monday. One analyst  has rated the stock with a Buy rating and two have issued  a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of &#34;Hold&#34; and a consensus target price of $24.50.</p><p><b>View Our Latest Stock Report on PCB</b></p><h2>PCB Bancorp Price Performance</h2><p>Shares of PCB traded up $0.34 during midday trading on Monday, hitting $21.82. 17,537 shares of the company traded hands, compared to its average volume of 29,251. The stock has a 50-day moving average of $21.21 and a 200-day moving average of $20.60. PCB Bancorp has a one year low of $16.00 and a one year high of $22.45. The firm has a market cap of $313.12 million, a P/E ratio of 9.13 and a beta of 0.58. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 1.06. </p><p>PCB Bancorp (NASDAQ:PCB - Get Free Report) last announced its quarterly earnings results on Wednesday, May 24th. The company reported $0.85 earnings per share for the quarter. PCB Bancorp had a return on equity of 11.70% and a net margin of 17.08%.The firm had revenue of $24.15 million for the quarter.  As a group, sell-side analysts predict that  PCB Bancorp will post 2.04 EPS for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In related news, Director Sang Young Lee acquired 18,200 shares of the company's stock in a transaction dated Tuesday, July 29th. The stock was purchased at an average price of $21.45 per share, with a total value of $390,390.00. Following the completion of the purchase, the director owned 1,569,210 shares in the company, valued at $33,659,554.50. This trade represents a 1.17% increase in their position. The acquisition was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, Director Don Rhee acquired 10,000 shares of the company's stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of $20.13 per share, with a total value of $201,300.00. Following the purchase, the director owned 419,044 shares of the company's stock, valued at approximately $8,435,355.72. This trade represents a 2.44% increase in their position. The disclosure for this purchase can be found here. 25.01% of the stock is currently owned by corporate insiders. </p><h2>Institutional Trading of PCB Bancorp</h2><p>A number of institutional investors have recently made changes to their positions in the stock. CWM LLC boosted its stake in shares of  PCB Bancorp by 109.1% during the third quarter. CWM LLC now owns 4,278 shares of the company's stock valued at $90,000 after purchasing an additional 2,232 shares during the period.  Squarepoint Ops LLC boosted its stake in shares of  PCB Bancorp by 46.7% during the second quarter. Squarepoint Ops LLC now owns 28,225 shares of the company's stock valued at $592,000 after purchasing an additional 8,987 shares during the period.  Thrivent Financial for Lutherans purchased a new stake in  PCB Bancorp in the second quarter worth $204,000.  Tower Research Capital LLC TRC lifted its stake in  PCB Bancorp by 88.2% in the second quarter. Tower Research Capital LLC TRC now owns 1,916 shares of the company's stock worth $40,000 after acquiring an additional 898 shares during the period.  Finally, EJF Capital LLC purchased a new stake in  PCB Bancorp in the second quarter worth $839,000. Hedge funds and other institutional investors own  33.04% of the company's stock. </p><h2>PCB Bancorp Company Profile</h2> (Get Free Report)<p>PCB Bancorp operates as the bank holding company for PCB Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and trade finance, remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts.</p><h2>See Also</h2><ul><li>Five stocks we like better than PCB Bancorp</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>5 Different ETFs for Every Kind of Investor</li><li>3 Stocks to Consider Buying in October</li><li>Why an Underrated Dividend Giant Deserves Space in Your Portfolio</li><li>EV Stocks and How to Profit from Them </li><li>BHP Positioned to Win From U.S.-Australia Minerals Pact</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PCB Bancorp Right Now?</h2><p>Before you consider PCB Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PCB Bancorp wasn't on the list.</p><p>While PCB Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Keefe, Bruyette & Woods has raised its price target for PCB Bancorp (NASDAQ:PCB) from $23.50 to $25.00, maintaining a "market perform" rating. This new target suggests a potential upside of 14.57% from the previous close. Other analysts have also provided ratings, with Weiss Ratings giving a "buy (b-)" and Piper Sandler a "neutral" rating. PCB Bancorp's stock is currently trading at $21.82, with a market cap of $313.12 million and a P/E ratio of 9.13. The company reported $0.85 EPS in its last quarterly earnings.</p>

Keefe, Bruyette & Woods Issues Positive Forecast for PCB Bancorp (NASDAQ:PCB) Stock Price