The current average analyst rating on the shares is hold and the breakdown of recommendations is 1 strong buy or buy, 4 hold and no sell or strong sell.
The average consensus recommendation for the banks peer group is buy.
Wall Street's median 12-month price target for Preferred Bank is $102.00, about 3.8% below its July 21 closing price of $106.04.
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago.