Analysts at Keefe, Bruyette & Woods hoisted their price target on shares of MB Financial (NASDAQ:MBFI) from $30.00 to $32.00 in a research report issued to clients and investors on Monday, AnalystRatings.NET reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 8.70% from the stock’s previous close.
MB Financial (NASDAQ:MBFI) traded down 0.67% during mid-day trading on Monday, hitting $29.44. The stock had a trading volume of 225,644 shares. MB Financial has a 52-week low of $17.00 and a 52-week high of $30.00. The stock’s 50-day moving average is $28.11 and its 200-day moving average is $26.85. The company has a market cap of $1.606 billion and a price-to-earnings ratio of 16.47.
MB Financial (NASDAQ:MBFI) last posted its quarterly earnings results on Friday, October 18th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.46 by $0.02.
A number of other firms have also recently commented on MBFI. Analysts at DA Davidson raised their price target on shares of MB Financial from $30.00 to $32.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Analysts at Robert W. Baird raised their price target on shares of MB Financial from $29.00 to $30.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. MB Financial presently has an average rating of “Buy” and a consensus target price of $27.69.
MB Financial, Inc (NASDAQ:MBFI), is a financial holding company.
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