Risk factor
Critical default risk
Profitability factor
Solid dividends
About
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on P/IBPT
Target Price
The average target price of HTBK is 15 and suggests 23% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell