Bridge Bancorp, Inc. (NASDAQ:BDGE) price target raised to $38.00 by Hovde Group

ME Staff
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Analyst Ratings For Bridge Bancorp, Inc. (NASDAQ:BDGE)

Today, Hovde Group raised its price target on Bridge Bancorp, Inc. (NASDAQ:BDGE) to $38.00 per share.

There are 2 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Bridge Bancorp, Inc. (NASDAQ:BDGE) is Hold with a consensus target price of $39.1667 per share, a potential 13.20% upside.

Some recent analyst ratings include

  • 12/22/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.
  • 10/26/2017-FIG Partners Reiterated Rating of Market-Perform.

Recent Insider Trading Activity For Bridge Bancorp, Inc. (NASDAQ:BDGE)
Bridge Bancorp, Inc. (NASDAQ:BDGE) has insider ownership of 13.80% and institutional ownership of 57.88%.

  • On 5/9/2018 Basswood Capital Management, L, Director, bought 167 with an average share price of $36.61 per share and the total transaction amounting to $6,113.87.
  • On 5/3/2018 Basswood Capital Management, L, Major Shareholder, bought 118,070 with an average share price of $33.31 per share and the total transaction amounting to $3,932,911.70.
  • On 5/1/2018 Basswood Capital Management, L, Major Shareholder, bought 65,483 with an average share price of $32.80 per share and the total transaction amounting to $2,147,842.40.
  • On 3/13/2018 Basswood Capital Management, L, Major Shareholder, bought 9,833 with an average share price of $35.18 per share and the total transaction amounting to $345,924.94.
  • On 2/15/2018 Basswood Capital Management, L, Major Shareholder, bought 27,290 with an average share price of $33.52 per share and the total transaction amounting to $914,760.80.
  • On 2/13/2018 Basswood Capital Management, L, Major Shareholder, bought 3,590 with an average share price of $32.68 per share and the total transaction amounting to $117,321.20.
  • On 2/6/2018 Jr. Albert E Mccoy, Director, bought 6,200 with an average share price of $33.46 per share and the total transaction amounting to $207,452.00.

About Bridge Bancorp, Inc. (NASDAQ:BDGE)
Bridge Bancorp, Inc. operates as the bank holding company for the BNB Bank that provide commercial and consumer banking products and services to small businesses, and municipal and consumer relationships. It accepts time, savings, and demand deposits. The company offers commercial real estate, multi-family mortgage, residential mortgage, secured and unsecured commercial and consumer, home equity, and construction loans; and mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities. In addition, it offers certificate of deposit account registry service and insured cash sweep programs; merchant credit and debit card processing, cash management, lockbox processing, online banking, and remote deposit capture services; automated teller machines, safe deposit boxes, and individual retirement accounts; and investment products and services through a third party broker dealer, as well as title insurance brokerage services. As of January 29, 2018, the company operated 44 retail branch locations serving Long Island and the greater New York metropolitan area; and 1 loan production office in Manhattan. Bridge Bancorp, Inc. was founded in 1910 and is headquartered in Bridgehampton, New York.

Recent Trading Activity for Bridge Bancorp, Inc. (NASDAQ:BDGE)
Shares of Bridge Bancorp, Inc. closed the previous trading session at 34,60 −1,95 5,34 % with 34.1 shares trading hands.