The Bank of Princeton (BPRN) Gets a Hold Rating from B.Riley FBR


In a report released today, Steve Moss from B.Riley FBR maintained a Hold rating on The Bank of Princeton (BPRN), with a price target of $32. The company’s shares opened today at $28.93.

According to TipRanks.com, Moss is a 3-star analyst with an average return of 1.9% and a 45.4% success rate. Moss covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, Meta Financial Group, and Banc of California.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Bank of Princeton with a $35 average price target.

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Based on The Bank of Princeton’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $3.7 million. In comparison, last year the company had a net profit of $3.18 million.

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The Bank of Princeton engages in the provision of personal, business lending, and deposit services. It offers traditional retail banking solutions, one-to four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, commercial business loans, and consumer loans including home equity loans and lines of credit.

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