Raymond James (RJF) Analysts Begin Coverage on NewBridge Bancorp (NBBC)
Friday, July 15, 2021 1:31 PM

Equities research analysts at Raymond James (NYSE: RJF) initiated coverage on shares of NewBridge Bancorp (NASDAQ: NBBC) in a research note to investors on Friday. The analysts set a "market perform" rating on the stock.

Separately, analysts at Zacks Investment Research downgraded shares of NewBridge Bancorp from an "outperform" rating to a "neutral" rating in a research note to investors on Tuesday, April 26th.

Shares of NewBridge Bancorp traded up 1.86% during mid-day trading on Monday, hitting $4.93. NewBridge Bancorp has a 52 week low of $2.94 and a 52 week high of $5.50. The stock's 50-day moving average is $4.5 and its 200-day moving average is $4.81. The company has a market cap of $77.2 million and a price-to-earnings ratio of 70.14.

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.

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