DA Davidson Now Covering BayCom (BCML) With $28 Target

May 17, 2018 - By Jimmy Baldridge

Why Has DA Davidson Given BayCom (BCML) a $28 Price Target

DA Davidson has just issued a Buy rating for BayCom (BCML) shares. The firm has initiated coverage on shares of BCML in a research note published on Thursday morning. This target gives upside of 14.29 % from the previous stock close of BayCom (BCML).

The stock increased 5.79% or $1.34 during the last trading session, reaching $24.5. About 62,219 shares traded or 0.43% up from the average. BayCom Corp. (BCML) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await BayCom Corp. (NASDAQ:BCML) to report earnings on July, 24. They expect $0.37 earnings per share, up 37.04 % or $0.10 from last year’s $0.27 per share. BCML’s profit will be $3.97 million for 16.55 P/E if the $0.37 EPS becomes a reality. After $0.54 actual earnings per share reported by BayCom Corp. for the previous quarter, Wall Street now forecasts -31.48 % negative EPS growth.

More notable recent BayCom Corp. (NASDAQ:BCML) news were published by: Seekingalpha.com which released: “US IPO Weekly Recap: Carbon Black Continues Hot Tech Streak In 8-IPO Week” on May 06, 2018, also Bizjournals.com with their article: “Newly public East Bay community bank hungry for acquisitions” published on May 07, 2018, 247Wallst.com published: “IPO News This Week: AXA Equitable Seeks $3.5 Billion” on May 06, 2018. More interesting news about BayCom Corp. (NASDAQ:BCML) were released by: Globenewswire.com and their article: “BayCom Corp Launches Initial Public Offering” published on April 27, 2018 as well as Globenewswire.com‘s news article titled: “BayCom Corp Announces Closing of Initial Public Offering” with publication date: May 08, 2018.

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