The Bank of Princeton (BPRN) Given $37.00 Consensus Target Price by Analysts

Shares of The Bank of Princeton (NASDAQ:BPRN) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus price objective of $37.00 for the company and are expecting that the company will post $0.53 EPS for the current quarter, according to Zacks. Zacks has also given The Bank of Princeton an industry rank of 22 out of 265 based on the ratings given to its competitors.

BPRN has been the topic of several recent research reports. Boenning Scattergood restated a “buy” rating and set a $35.75 target price on shares of The Bank of Princeton in a report on Friday, October 13th. B. Riley restated a “buy” rating and set a $37.00 target price on shares of The Bank of Princeton in a report on Tuesday, December 26th. FBR & Co restated a “buy” rating on shares of The Bank of Princeton in a report on Thursday, October 26th. Finally, Zacks Investment Research upgraded shares of The Bank of Princeton from a “hold” rating to a “strong-buy” rating and set a $40.00 target price on the stock in a report on Friday, December 22nd.

Shares of The Bank of Princeton (NASDAQ:BPRN) traded down $0.18 on Friday, hitting $33.04. 3,655 shares of the company’s stock were exchanged, compared to its average volume of 7,368. The Bank of Princeton has a 52 week low of $29.43 and a 52 week high of $39.00.

Several large investors have recently bought and sold shares of BPRN. Wells Fargo & Company MN acquired a new position in shares of The Bank of Princeton during the 3rd quarter valued at $325,000. Context BH Capital Management LP acquired a new position in shares of The Bank of Princeton during the 3rd quarter valued at $718,000. Finally, EJF Capital LLC acquired a new position in shares of The Bank of Princeton during the 3rd quarter valued at $14,555,000. Institutional investors and hedge funds own 24.38% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was first reported by Equities Focus and is owned by of Equities Focus. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.equitiesfocus.com/2018/01/06/the-bank-of-princeton-bprn-given-37-00-consensus-target-price-by-analysts.html.

About The Bank of Princeton

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, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

Get a free copy of the Zacks research report on The Bank of Princeton (BPRN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for The Bank of Princeton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Bank of Princeton and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply