BUZZ-Plumas Bancorp rises after Stephens starts coverage with 'overweight' rating

Reuters

Nov 28, 2024

BUZZ-<a href="https://laohu8.com/S/PLBC">Plumas Bancorp</a> rises after Stephens starts coverage with 'overweight' rating

** Shares of community lender Plumas Bancorp PLBC.O rise as much as 3.6%; last up 3.2% at $49.54

** Stephens initiates coverage of PLBC with an "overweight" rating and a $60 PT, a 25% upside to stock's last close

** Brokerage believes PLBC is one of the highest quality small cap bank franchises in the country

** Adds that one of the most unique aspects of PLBC is the bank's best-in-class deposits

** Stephens sees no reason why shares shouldn't trade at a more notable valuation given PLBC touts one of the most impressive deposit franchises and profitability profiles in the country

** All two brokerages rate the stock "buy" or higher; median PT is $52.50 — LSEG

** As of last close, PLBC shares up 16.1% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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last up 3.2% at $49.54</p><p>** Stephens initiates coverage of PLBC with an \"overweight\" rating and a $60 PT, a 25% upside to stock's last close</p><p>** Brokerage believes PLBC is one of the highest quality small cap bank franchises in the country</p><p>** Adds that one of the most unique aspects of PLBC is the bank's best-in-class deposits</p><p>** Stephens sees no reason why shares shouldn't trade at a more notable valuation given PLBC touts one of the most impressive deposit franchises and profitability profiles in the country</p><p>** All two brokerages rate the stock \"buy\" or higher; median PT is $52.50 — LSEG</p><p>** As of last close, PLBC shares up 16.1% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLBC","symbol_name":"Plumas Bancorp","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241127:nL3N3MY18D:1","article_id":"2486478870","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486478870","pubTimestamp":1732729937,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Plumas Bancorp rises after Stephens starts coverage with 'overweight' rating** Shares of community lender Plumas Bancorp PLBC.O rise as much as 3.6%; last up 3.2% at $49.54** Stephens initiates coverage of PLBC with an \"overweight\" rating and a $60 PT, a 25% upside to stock's last close** Brokerage believes PLBC is one of the highest quality small cap bank franchises in the country** Adds that one of the most unique aspects of PLBC is the bank's best-in-class deposits** Stephens sees no reason why shares shouldn't trade at a more notable valuation given PLBC touts one of the most impressive deposit franchises and profitability profiles in the country** All two brokerages rate the stock \"buy\" or higher; median PT is $52.50 — LSEG** As of last close, PLBC shares up 16.1% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"PLBC":"Plumas Bancorp"},"translate_title":"斯蒂芬斯开始给予“增持”评级后，BUZZ-Plumas Bancorp股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLBC":0.9},"content_text":"BUZZ-Plumas Bancorp rises after Stephens starts coverage with 'overweight' rating** Shares of community lender Plumas Bancorp PLBC.O rise as much as 3.6%; last up 3.2% at $49.54** Stephens initiates coverage of PLBC with an \"overweight\" rating and a $60 PT, a 25% upside to stock's last close** Brokerage believes PLBC is one of the highest quality small cap bank franchises in the country** Adds that one of the most unique aspects of PLBC is the bank's best-in-class deposits** Stephens sees no reason why shares shouldn't trade at a more notable valuation given PLBC touts one of the most impressive deposit franchises and profitability profiles in the country** All two brokerages rate the stock \"buy\" or higher; median PT is $52.50 — LSEG** As of last close, PLBC shares up 16.1% YTD (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}