CAPE BANCORP (CBNJ) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of CAPE BANCORP (CBNJ) from NEUTRAL to UNDERPERFORM on February 08, 2012, with a target price of $8.20.

Cape Savings Bank has been in business for over eighty years, servicing the needs of Cape May and Atlantic Counties in southern New Jersey. They are a full service financial institution that provides a complete line of business and personal banking products. The Bank is headquartered in Cape May Court House, New Jersey and has over $500 million in local assets.

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