Bridgewater Bancshares found using ticker (BWB) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 23 and 20 with a mean TP of 21.33. With the stocks previous close at 17.86 this now indicates there is a potential upside of 19.4%. The day 50 moving average is 17.92 and the 200 moving average now moves to 17. The market capitalisation for the company is $509m. Visit the company website at: https://www.bridgewaterbankmn.com
The potential market cap would be $608m based on the market concensus.
Bridgewater Bancshares operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. It offers demand, savings and money market, time, interest and noninterest bearing transaction, and brokered deposits, as well as certificates of deposit. The company also provides commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or other business related purposes; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans. It operates through seven full-service offices located in Bloomington, Greenwood, Minneapolis, St. Louis Park, Orono, and St. Paul, Minnesota. The company was founded in 2005 and is headquartered in Saint Louis Park, Minnesota.