Shares of The Bank of Princeton (NASDAQ:BPRN) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus price objective of $37.00 for the company and are predicting that the company will post $0.53 earnings per share for the current quarter, according to Zacks. Zacks has also assigned The Bank of Princeton an industry rank of 22 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently commented on BPRN shares. Boenning Scattergood restated a “buy” rating and issued a $35.75 price objective on shares of The Bank of Princeton in a research report on Friday, October 13th. B. Riley restated a “buy” rating and issued a $37.00 price objective on shares of The Bank of Princeton in a research report on Tuesday, December 26th. FBR & Co restated a “buy” rating on shares of The Bank of Princeton in a research 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 price objective for the company in a research report on Friday, December 22nd.

A number of institutional investors have recently modified their holdings of BPRN. Context BH Capital Management LP purchased a new position in The Bank of Princeton in the third quarter valued at about $718,000. Wells Fargo & Company MN purchased a new position in The Bank of Princeton in the third quarter valued at about $325,000. Finally, EJF Capital LLC purchased a new position in The Bank of Princeton in the third quarter valued at about $14,555,000. 24.38% of the stock is owned by institutional investors.

Shares of The Bank of Princeton (BPRN) traded down $0.18 during trading hours on Friday, reaching $33.04. 3,655 shares of the company were exchanged, compared to its average volume of 7,368. The Bank of Princeton has a 1 year low of $29.43 and a 1 year high of $39.00.

COPYRIGHT VIOLATION WARNING: “The Bank of Princeton (BPRN) Given $37.00 Consensus Price Target by Brokerages” was published by Marea Informative and is the sole property of of Marea Informative. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.mareainformativa.com/2018/01/29/the-bank-of-princeton-bprn-given-37-00-consensus-price-target-by-brokerages-updated-updated-updated.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.