Bridge Bancorp Sets New 52-Week High at $26.87 (BDGE)
Bridge Bancorp (NASDAQ:BDGE) hit a new 52-week high during trading on Friday , American Banking and Market News reports. The company traded as high as $26.87 and last traded at $26.82, with a volume of 27,690 shares traded. The stock had previously closed at $25.97.
A number of analysts have recently weighed in on BDGE shares. Analysts at Guggenheim raised their price target on shares of Bridge Bancorp from $26.00 to $27.00 in a research note on Tuesday, January 14th. They now have a “neutral” rating on the stock. Analysts at Zacks upgraded shares of Bridge Bancorp from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 8th. They now have a $25.70 price target on the stock.
The stock’s 50-day moving average is $25.12 and its 200-day moving average is $23.41. The company has a market cap of $295.6 million and a P/E ratio of 19.10.
Bridge Bancorp (NASDAQ:BDGE) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. Analysts expect that Bridge Bancorp will post $1.59 EPS for the current fiscal year.
Bridge Bancorp, Inc is a bank holding company for The Bridgehampton National Bank (NASDAQ:BDGE).
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