The Bank of Princeton (BPRN) Stock Rating Reaffirmed by B. Riley

B. Riley restated their buy rating on shares of The Bank of Princeton (NASDAQ:BPRN) in a report published on Tuesday morning. They currently have a $37.00 target price on the stock.

Several other research firms have also weighed in on BPRN. FBR & Co started coverage on The Bank of Princeton in a research report on Monday, August 28th. They set a buy rating and a $37.00 price target on the stock. Boenning Scattergood reaffirmed a buy rating and set a $35.75 price target on shares of The Bank of Princeton in a research report on Friday, October 13th. Sandler O’Neill reissued a buy rating and set a $36.00 target price on shares of The Bank of Princeton in a report on Tuesday, August 29th. Finally, Zacks Investment Research raised 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. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The Bank of Princeton presently has an average rating of Buy and a consensus price target of $37.15.

The Bank of Princeton (NASDAQ BPRN) opened at $34.34 on Tuesday. The Bank of Princeton has a 1 year low of $29.43 and a 1 year high of $39.00.

Several hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN acquired a new position in shares of The Bank of Princeton during the 3rd quarter worth approximately $325,000. Context BH Capital Management LP acquired a new position in shares of The Bank of Princeton during the 3rd quarter worth approximately $718,000. Finally, EJF Capital LLC acquired a new position in shares of The Bank of Princeton during the 3rd quarter worth approximately $14,555,000. 24.38% of the stock is currently owned by institutional investors and hedge funds.

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

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