Wall Street Analysts Believe Bridge Investment Group (BRDG) Could Rally 27.11%: Here's is How to Trade

Core Viewpoint - Bridge Investment Group Holdings Inc. (BRDG) has shown a 0.9% increase in share price over the past four weeks, closing at $7.71, with a potential upside of 27.1% based on Wall Street analysts' mean price target of $9.80 [1] Price Targets and Estimates - The mean estimate consists of five short-term price targets with a standard deviation of $1.96, indicating variability among analysts; the lowest estimate is $6.50 (15.7% decline), while the highest is $11.50 (49.2% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement direction, although it does not guarantee the stock will reach the average target [7] Earnings Estimates - Analysts have shown increasing optimism about BRDG's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 1.7%, with two estimates moving higher and no negative revisions [10] Zacks Rank - BRDG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside in the near term [11]