Published On: Thu, Sep 14th, 2017

Bridge Bancorp, Inc. (NASDAQ:BDGE) – Brokers Update Their Views


A number of investment brokers have recently updated their price targets on shares of Bridge Bancorp, Inc. (NASDAQ:BDGE).

Most recent broker ratings

08/25/2016 – Bridge Bancorp, Inc. had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 28 price target on the stock.

04/29/2016 – Bridge Bancorp, Inc. had its “market perform” rating reiterated by analysts at FIG Partners.

06/23/2015 – Bridge Bancorp, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 32 price target on the stock.

05/03/2015 – Bridge Bancorp, Inc. had its “hold” rating reiterated by analysts at Zacks.

06/23/2014 – Bridge Bancorp, Inc. was upgraded to “buy” by analysts at TheStreet.

04/30/2014 – Bridge Bancorp, Inc. was upgraded to “buy” by analysts at Guggenheim.

10/14/2013 – Bridge Bancorp, Inc. was upgraded to “buy” by analysts at Sandler O’Neill. They now have a USD 26 price target on the stock.

The share price of Bridge Bancorp, Inc. (NASDAQ:BDGE) was up +0.32% during the last day of trading, with a day high of 31.55. 39519 shares were traded during the last session.

The stock’s 50 day moving average is 31.36 and its 200 day moving average is 33.60. The stock’s market capitalization is 606.41M. Bridge Bancorp, Inc. has a 52-week low of 26.90 and a 52-week high of 38.95.

Bridge Bancorp, Inc. is a bank holding company for The Bridgehampton National Bank (the Bank). The Bank’s operations include its real estate investment trust subsidiary, Bridgehampton Community, Inc. (BCI), a financial title insurance subsidiary, Bridge Abstract LLC (Bridge Abstract), and an investment services subsidiary, Bridge Financial Services LLC (Bridge Financial Services). As of December 31, 2016, the Bank operated 40 branches in its primary market areas of Suffolk and Nassau Counties on Long Island and the New York City boroughs, including 38 in Suffolk and Nassau Counties, one in Bayside, Queens and one in Manhattan. The Bank engages in full service commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. The Bank also offers the Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) programs.