Zacks: The Bank of Princeton (BPRN) Given Consensus Recommendation of “Strong Buy” by Analysts

Shares of The Bank of Princeton (NASDAQ:BPRN) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 12-month consensus price target of $35.75 for the company, according to Zacks. Zacks has also assigned The Bank of Princeton an industry rank of 106 out of 265 based on the ratings given to related companies.

Several equities analysts have commented on the company. Boenning Scattergood assumed coverage on The Bank of Princeton in a research report on Friday, October 13th. They issued an “outperform” rating on the stock. Sandler O’Neill reissued a “buy” rating and set a $36.00 price target on shares of The Bank of Princeton in a research report on Tuesday, August 29th. Finally, FBR & Co began 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.

Shares of The Bank of Princeton (NASDAQ BPRN) traded up 0.62% during trading on Monday, reaching $32.30. The company’s stock had a trading volume of 3,839 shares. The company has a 50-day moving average price of $31.57 and a 200-day moving average price of $31.91. The stock has a market cap of $211.44 million and a price-to-earnings ratio of 13.46. The Bank of Princeton has a one year low of $29.43 and a one year high of $39.00.

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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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