Brokerages Set Bank Of Princeton (BPRN) PT at $36.33

Bank Of Princeton (NASDAQ:BPRN) has been assigned an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $36.33.

Several research analysts recently commented on the company. Boenning Scattergood reissued a “buy” rating and issued a $37.00 price objective on shares of Bank Of Princeton in a research note on Friday, January 26th. Zacks Investment Research cut Bank Of Princeton from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. ValuEngine cut Bank Of Princeton from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. B. Riley cut Bank Of Princeton from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a report on Thursday, January 11th. Finally, FBR & Co restated a “buy” rating on shares of Bank Of Princeton in a report on Thursday, October 26th.

Bank Of Princeton (NASDAQ BPRN) traded up $0.80 during midday trading on Friday, reaching $32.44. The company had a trading volume of 16,500 shares, compared to its average volume of 11,745. Bank Of Princeton has a 1 year low of $29.43 and a 1 year high of $39.00.

A number of large investors have recently modified their holdings of the business. BlueCrest Capital Management Ltd purchased a new stake in Bank Of Princeton in the 4th quarter valued at $211,000. Kennedy Capital Management Inc. purchased a new stake in Bank Of Princeton in the 4th quarter valued at $1,464,000. Banc Funds Co. LLC grew its holdings in Bank Of Princeton by 49.2% in the 4th quarter. Banc Funds Co. LLC now owns 298,326 shares of the company’s stock valued at $10,245,000 after buying an additional 98,326 shares in the last quarter. Logan Capital Management Inc. purchased a new stake in Bank Of Princeton in the 4th quarter valued at $219,000. Finally, Royce & Associates LP grew its holdings in Bank Of Princeton by 2,788.3% in the 4th quarter. Royce & Associates LP now owns 5,199 shares of the company’s stock valued at $179,000 after buying an additional 5,019 shares in the last quarter. Institutional investors own 24.60% of the company’s stock.

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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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