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Cape Bancorp Inc. (CBNJ) [hlAlert]

Rating:
Buy CBNJ
up 8.50 %

Cape Bancorp Inc. (CBNJ) rated Buy with price target $11 by Sterne Agee

Posted on: Monday,  May 11, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Cape Bancorp Inc. (NASDAQ: CBNJ) on 05/11/2009. Previously Sterne Agee rated Buy Cape Bancorp Inc. (NASDAQ: CBNJ) on
04/01/2008., when the stock price was $10.00. Since then, Cape Bancorp Inc. has gained 8.50% as of 08/27/2015's recent price of $10.85.
If you would have followed the previous Sterne Agee's recommendation on CBNJ, you would have gained 8.5% of your investment in 2704 days.

Cape Bancorp, Inc. (Cape Bancorp) serves as the holding company of Cape Bank (the Bank). The Bank provides a line of business and personal banking products throughout its branch network in Atlantic and Cape May Counties, New Jersey. Cape Bank attract deposits from the general public and use those funds to originate a variety of loans, including commercial mortgages, commercial business loans, residential mortgage loans, home equity loans and lines of credit, and construction loans.. It also maintains an investment portfolio. The Bank offers banking services to individuals and businesses located in its primary market area, which, as of December 31, 2008, consisted of Cape May and Atlantic Counties, New Jersey. At December 31, 2008, Cape Bank had total deposits of $712.6 million. On January 31, 2008, the Company completed the acquisition by Cape Bancorp of Boardwalk Bancorp, Inc. (Boardwalk Bancorp).

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/11/2009 9:25 AM Buy
None
7.00 11.00
as of 12/31/2009
1 Week up  60.77 %
1 Month up  40.11 %
3 Months up  29.16 %
1 YTD up  7.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 11:25 AM Buy
None
8.91 12.00
4/1/2008 10:25 AM Buy
None
10.00 13.00

(*) Stock Price at the time of the recommendation.
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