In recent developments, Keefe Bruyette analyst Christopher O’Connell has revised his outlook on BCB Bancorp (BCBP, Financial) by lowering the firm's price target from $12.50 to $10.50. Despite this adjustment in expectations, the analyst continues to maintain a Market Perform rating on the stock.
This change in price target reflects the latest analysis and assessment of the company's performance and market conditions. Investors in BCBP may want to consider these updated insights as they evaluate their positions in the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for BCB Bancorp Inc (BCBP, Financial) is $11.06 with a high estimate of $12.75 and a low estimate of $9.00. The average target implies an upside of 27.30% from the current price of $8.69. More detailed estimate data can be found on the BCB Bancorp Inc (BCBP) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, BCB Bancorp Inc's (BCBP, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BCB Bancorp Inc (BCBP, Financial) in one year is $12.46, suggesting a upside of 43.38% from the current price of $8.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BCB Bancorp Inc (BCBP) Summary page.
