Chain Bridge Bancorp (NYSE:CBNA) Stock Price Up 1.7% - Should You Buy?

Shares of Chain Bridge Bancorp, Inc. (NYSE:CBNA - Get Free Report) rose 1.7% on Tuesday . The stock traded as high as $24.89 and last traded at $24.77. Approximately 28,445 shares changed hands during trading, an increase of 10% from the average daily volume of 25,762 shares. The stock had previously closed at $24.35.

Analyst Ratings Changes

Several research analysts have recently commented on CBNA shares. Raymond James started coverage on Chain Bridge Bancorp in a research report on Tuesday, October 29th. They issued a "strong-buy" rating and a $29.00 target price for the company. Piper Sandler assumed coverage on shares of Chain Bridge Bancorp in a report on Tuesday, October 29th. They issued an "overweight" rating and a $27.00 price objective for the company. Finally, Hovde Group assumed coverage on shares of Chain Bridge Bancorp in a research note on Wednesday, November 20th. They set a "market perform" rating and a $26.00 target price on the stock.

Chain Bridge Bancorp Price Performance

The company's fifty day moving average price is $24.77.

Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $1.64 earnings per share for the quarter. The firm had revenue of $16.73 million during the quarter. On average, equities research analysts expect that Chain Bridge Bancorp, Inc. will post 4.1 earnings per share for the current year.

About Chain Bridge Bancorp

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.