Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) had its target price upped by stock analysts at Piper Sandler from $30.00 to $31.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Piper Sandler's price objective would suggest a potential upside of 25.13% from the stock's previous close.
Other research analysts have also issued research reports about the company. Hovde Group assumed coverage on Chain Bridge Bancorp in a report on Wednesday, November 20th. They issued a "market perform" rating and a $26.00 target price on the stock. Raymond James began coverage on shares of Chain Bridge Bancorp in a research note on Tuesday, October 29th. They issued a "strong-buy" rating and a $29.00 target price for the company.
Check Out Our Latest Stock Analysis on Chain Bridge Bancorp
Chain Bridge Bancorp Stock Up 2.2 %
NYSE CBNA traded up $0.55 on Wednesday, hitting $24.78. 42,787 shares of the stock were exchanged, compared to its average volume of 26,436. The firm has a 50-day simple moving average of $24.83. Chain Bridge Bancorp has a fifty-two week low of $20.10 and a fifty-two week high of $27.56.
Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.15. On average, equities research analysts expect that Chain Bridge Bancorp will post 4.1 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Chain Bridge Bancorp
An institutional investor recently bought a new position in Chain Bridge Bancorp stock. Chevy Chase Trust Holdings LLC purchased a new position in shares of Chain Bridge Bancorp, Inc. (NYSE:CBNA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,010 shares of the company's stock, valued at approximately $226,000. Chevy Chase Trust Holdings LLC owned about 0.14% of Chain Bridge Bancorp at the end of the most recent reporting period.
About Chain Bridge Bancorp
(
Get Free Report)
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.
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