Should BayCom Corp (BCML) Shares Be Watched After D.A. Davidson Initiates Coverage?

May 18, 2018 - By Jimmy Baldridge

Why Has D.A. Davidson Given BayCom Corp (BCML) a $28.0000 Price Target

In an analyst report made public on 17 May, equity research analysts at D.A. Davidson began coverage for BayCom Corp (BCML) shares. The firm has decided to set a “Buy” rating along with a $28.0000, adding 14.29 % to the target.

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 18, 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 EPS, up 37.04 % or $0.10 from last year’s $0.27 per share. BCML’s profit will be $3.97M for 16.55 P/E if the $0.37 EPS becomes a reality. After $0.54 actual EPS 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: Nasdaq.com which released: “Market Shrugs Off Unemployment Data” on May 04, 2018, also Bizjournals.com with their article: “The Funded: A Bay Area bank IPO, three fundings and a sale highlight start of week” 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: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” published on May 17, 2018 as well as Globenewswire.com‘s news article titled: “BayCom Corp Launches Initial Public Offering” with publication date: April 27, 2018.

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