Enterprise Bancorp traded at $25.27 this Tuesday April 9th, decreasing $0.21 or 0.82 percent since the previous trading session. Looking back, over the last four weeks, Enterprise Bancorp lost 1.40 percent. Over the last 12 months, its price fell by 19.24 percent. Looking ahead, we forecast Enterprise Bancorp to be priced at 24.73 by the end of this quarter and at 23.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company (the Bank). It is engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities. It offers a range of commercial, residential and consumer loan products, deposit products and cash management services, electronic and digital banking options, and commercial insurance services, as well as wealth management, and trust services. Its market area is the Northern Middlesex, Northern Essex, and Northern Worcester counties of Massachusetts and the Southern Hillsborough and Southern Rockingham counties in New Hampshire. It specializes in lending to business entities, non-profit organizations, professional practices, and individuals.