NewBridge Bancorp (NASDAQ: NBBC) was upgraded by Zacks Investment Research from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday.
Separately, analysts at Raymond James (NYSE: RJF) upgraded shares of NewBridge Bancorp from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, December 16th.
NewBridge Bancorp (Bancorp), incorporated on Nov 12, 2007, is a bank holding company. The Company’s banking subsidiary is NewBridge Bank (the Bank). Through its branch network, the Bank provides a range of banking products to individuals, small to medium-sized businesses and retail clients in its market areas, including interest bearing and noninterest bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, mortgage production and secured and unsecured loans.
Shares of NewBridge Bancorp traded down 0.26% during mid-day trading on Tuesday, hitting $3.91. NewBridge Bancorp has a 52 week low of $3.30 and a 52 week high of $5.40. The stock’s 50-day moving average is $3.84 and its 200-day moving average is $4.06. The company has a market cap of $61.2 million and a P/E ratio of 35.64.