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An announcement from Bridge Investment Group ( (BRDG) ) is now available.
On February 23, 2025, Bridge Investment Group Holdings Inc. entered into a merger agreement with Apollo Global Management, which will result in Bridge becoming a wholly-owned subsidiary of Apollo. This merger has led to legal challenges from Bridge stockholders who allege deficiencies in the merger-related disclosures. Bridge has decided to supplement these disclosures to avoid litigation delays, although it denies any wrongdoing.
The most recent analyst rating on (BRDG) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Bridge Investment Group stock, see the BRDG Stock Forecast page.
Spark’s Take on BRDG Stock
According to Spark, TipRanks’ AI Analyst, BRDG is a Neutral.
Bridge Investment Group’s overall stock score is driven by its strong cash flow management and stable financial base, offset by challenges in profitability and high leverage. Technical indicators show neutral momentum, while valuation metrics reflect concerns with a negative P/E ratio and high dividend yield. Improvement in profitability and revenue growth is crucial for enhancing the stock’s attractiveness.
To see Spark’s full report on BRDG stock, click here.
More about Bridge Investment Group
Bridge Investment Group Holdings Inc. is a Delaware-based company involved in investment management. The company focuses on providing investment opportunities and financial services, primarily through its subsidiary, Bridge Investment Group Holdings LLC.
Average Trading Volume: 344,806
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.55B
See more insights into BRDG stock on TipRanks’ Stock Analysis page.