KBW Sticks to Their Hold Rating for BCB Bancorp Inc


KBW analyst Collyn Gilbert reiterated a Hold rating on BCB Bancorp Inc (NASDAQ: BCBP) on July 9 and set a price target of $17. The company’s shares closed yesterday at $15.05.

According to TipRanks.com, Gilbert is a 5-star analyst with an average return of 18.4% and a 79.8% success rate. Gilbert covers the Financial sector, focusing on stocks such as People’s United Financial, United Financial Bancorp, and Bankwell Financial Group.

BCB Bancorp Inc has an analyst consensus of Hold, with a price target consensus of $17.

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Based on BCB Bancorp Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $4.63 million. In comparison, last year the company had a net profit of $2.51 million.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BCBP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BCB Bancorp, Inc. is a holding company of BCB Community Bank. Its primary business is the ownership and operation of the Bank. The company offers loans, including commercial and multi-family real estate loans, one to four-family mortgage loans, home equity loans, construction loans, consumer loans and commercial business loans.

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