Bank Of Princeton (BPRN) Receives $37.00 Consensus PT from Analysts
Bank Of Princeton (NASDAQ:BPRN) has been given an average recommendation of “Buy” by the six research firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $37.00.
A number of research firms have weighed in on BPRN. Zacks Investment Research cut Bank Of Princeton from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st. Boenning Scattergood set a $39.00 price target on Bank Of Princeton and gave the stock a “buy” rating in a report on Friday, July 27th.
Shares of NASDAQ:BPRN traded down $0.03 during trading on Friday, reaching $33.42. 7,013 shares of the stock were exchanged, compared to its average volume of 11,350. Bank Of Princeton has a 12-month low of $29.43 and a 12-month high of $35.45. The stock has a market capitalization of $220.75 million and a P/E ratio of 17.79.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp purchased a new position in Bank Of Princeton in the 1st quarter worth approximately $231,000. Acadian Asset Management LLC purchased a new position in Bank Of Princeton in the 2nd quarter worth approximately $232,000. NJ State Employees Deferred Compensation Plan purchased a new position in Bank Of Princeton in the 2nd quarter worth approximately $333,000. Schwab Charles Investment Management Inc. purchased a new position in Bank Of Princeton in the 2nd quarter worth approximately $366,000. Finally, Tibra Equities Europe Ltd purchased a new position in Bank Of Princeton in the 1st quarter worth approximately $454,000. Hedge funds and other institutional investors own 27.51% of the company’s stock.
Bank Of Princeton Company Profile
The Bank of Princeton provides various banking products and services in the United States. The company offers checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit; and commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.
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