Bank Of Princeton (BPRN) Receives Average Rating of “Buy” from Analysts

Shares of Bank Of Princeton (NASDAQ:BPRN) have been given a consensus rating of “Buy” by the six research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $36.33.

Several analysts recently issued reports on BPRN shares. FBR & Co reaffirmed a “buy” rating on shares of Bank Of Princeton in a report on Thursday, October 26th. Zacks Investment Research upgraded shares of Bank Of Princeton from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Wednesday, January 17th. B. Riley reiterated a “buy” rating and set a $37.00 target price on shares of Bank Of Princeton in a research note on Tuesday, December 26th. Boenning Scattergood reiterated a “buy” rating and set a $37.00 target price on shares of Bank Of Princeton in a research note on Friday, January 26th. Finally, ValuEngine cut shares of Bank Of Princeton from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th.

A number of large investors have recently added to or reduced their stakes in the stock. Royce & Associates LP raised its stake in Bank Of Princeton by 2,788.3% during the 4th quarter. Royce & Associates LP now owns 5,199 shares of the company’s stock valued at $179,000 after purchasing an additional 5,019 shares during the last quarter. FSI Group LLC raised its stake in Bank Of Princeton by 2.4% during the 4th quarter. FSI Group LLC now owns 102,381 shares of the company’s stock valued at $3,516,000 after purchasing an additional 2,381 shares during the last quarter. Wells Fargo & Company MN raised its stake in Bank Of Princeton by 160.2% during the 4th quarter. Wells Fargo & Company MN now owns 26,415 shares of the company’s stock valued at $907,000 after purchasing an additional 16,265 shares during the last quarter. First Trust Advisors LP acquired a new position in Bank Of Princeton during the 4th quarter valued at $271,000. Finally, JBF Capital Inc. acquired a new position in shares of Bank Of Princeton in the 4th quarter valued at $1,888,000. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Shares of Bank Of Princeton (BPRN) opened at $32.00 on Friday. Bank Of Princeton has a 1-year low of $29.43 and a 1-year high of $39.00.

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About 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.

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