Cambridge Bancorp (CATC) Downgraded by ValuEngine to “Hold”
ValuEngine lowered shares of Cambridge Bancorp (OTCBB:CATC) from a buy rating to a hold rating in a report issued on Monday.
Shares of Cambridge Bancorp (OTCBB:CATC) opened at 70.00 on Monday. The stock has a market capitalization of $285.53 million and a P/E ratio of 16.11. Cambridge Bancorp has a one year low of $50.05 and a one year high of $72.50. The stock’s 50 day moving average is $69.52 and its 200-day moving average is $67.62.
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About Cambridge Bancorp
Cambridge Bancorp is a bank holding company. The Company’s segment is community banking business, which consists of commercial banking, consumer banking, and trust and investment management services. Cambridge Trust Company (the Bank) is a subsidiary of the Company. The Bank offers a range of commercial and consumer banking services through its network of over 10 banking offices in Massachusetts.
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