Pacific Continental (PCBK) Earning Positive Press Coverage, Report Finds

Media coverage about Pacific Continental (NASDAQ:PCBK) has trended positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pacific Continental earned a news impact score of 0.27 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.3562124360977 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Pacific Continental (NASDAQ PCBK) opened at $28.00 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $637.63, a P/E ratio of 24.78, a P/E/G ratio of 2.17 and a beta of 0.80. Pacific Continental has a twelve month low of $16.00 and a twelve month high of $28.85.

A number of equities analysts recently commented on the company. ValuEngine upgraded Pacific Continental from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Pacific Continental from a “sell” rating to a “hold” rating in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $28.00.

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Pacific Continental Company Profile

Pacific Continental Corporation is a bank holding company. The Company’s principal business activities are conducted through its subsidiary, Pacific Continental Bank (the Bank), an Oregon state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation. The Bank operates in three primary markets: Eugene, Oregon, Portland; Oregon/Southwest Washington, and Seattle, Washington.

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