Published On: Wed, Oct 19th, 2016

Heritage Commerce Corp (NASDAQ:HTBK) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Heritage Commerce Corp (NASDAQ:HTBK).

Most recent broker ratings

12/18/2015 – Heritage Commerce Corp was upgraded to “outperform” by analysts at FIG Partners.

11/23/2015 – Heritage Commerce Corp was upgraded to “buy” by analysts at Sandler O’Neill.

11/03/2015 – Heritage Commerce Corp had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 11.5 price target on the stock.

05/03/2014 – Heritage Commerce Corp had its “outperform” rating reiterated by analysts at Raymond James. They now have a USD 9 price target on the stock.

04/28/2014 – Heritage Commerce Corp had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 9 price target on the stock.

04/07/2014 – Heritage Commerce Corp was downgraded to “neutral” by analysts at Zacks. They now have a USD 8.9 price target on the stock.

12/16/2013 – Heritage Commerce Corp was upgraded to “buy” by analysts at Thomson Reuters/Verus.

The share price of Heritage Commerce Corp (NASDAQ:HTBK) was down -1.01% during the last day of trading, with a day high of 10.88. 56798 shares were traded during the last session.

The stock’s 50 day moving average is 11.15 and its 200 day moving average is 10.76. The stock’s market capitalization is 347.17M. Heritage Commerce Corp has a 52-week low of 8.84 and a 52-week high of 12.38.

Heritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. The Company offers a multitude of other products and services to complement its lending and deposit services. These include cashier’s checks, traveler’s checks, bank-by-mail, automated teller machines (ATMs), night depositories, safe deposit boxes, direct deposit, automated payroll services, electronic funds transfers, online banking, online bill pay, homeowner association services and other customary banking services. In addition to the traditional financial services offered, the Bank offers remote deposit capture, automated clearing house origination, electronic data interchange and check imaging.