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Stock analysts at Sandler O’Neill started coverage on shares of Bankwell Financial Group (NASDAQ:BWFG) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Bankwell Financial Group (NASDAQ:BWFG) traded down 0.17% on Monday, hitting $17.87. 4,438 shares of the company’s stock traded hands. Bankwell Financial Group has a one year low of $17.70 and a one year high of $23.00. The stock’s 50-day moving average is $20.02 and its 200-day moving average is $20.30. The company has a market cap of $69.9 million and a P/E ratio of 12.71.

Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of Bankwell Financial Group in a research note on Monday. They set an “outperform” rating and a $21.00 price target on the stock.

Bankwell Financial Group Inc, formerly BNC Financial Group, Inc, is a federally-chartered bank holding company located in New Canaan, Connecticut.

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