Chain Bridge Bancorp (NYSE:CBNA) Price Target Raised to $31.00 at Piper Sandler

Chain Bridge Bancorp (NYSE:CBNAGet Free Report) had its price objective lifted 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 brokerage presently has an “overweight” rating on the stock. Piper Sandler’s target price would suggest a potential upside of 28.50% from the stock’s previous close.

A number of other research analysts have also recently weighed in on CBNA. Raymond James began coverage on Chain Bridge Bancorp in a report on Tuesday, October 29th. They issued a “strong-buy” rating and a $29.00 target price on the stock. Hovde Group started coverage on shares of 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.

Read Our Latest Analysis on CBNA

Chain Bridge Bancorp Trading Down 0.5 %

Shares of CBNA stock traded down $0.12 during trading hours on Wednesday, hitting $24.13. The stock had a trading volume of 4,301 shares, compared to its average volume of 23,061. The stock has a 50 day moving average price of $24.82. Chain Bridge Bancorp has a twelve month low of $20.10 and a twelve month high of $27.56.

Chain Bridge Bancorp (NYSE:CBNAGet Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.15. Research analysts predict that Chain Bridge Bancorp will post 4.1 EPS for the current fiscal year.

Chain Bridge Bancorp Company Profile

(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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