MB Financial Given Average Rating of “Hold” by Analysts (NASDAQ:MBFI)
Shares of MB Financial (NASDAQ:MBFI) have received a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, AnalystRatingsNetwork.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $30.62.
Shares of MB Financial (NASDAQ:MBFI) traded down 0.54% during mid-day trading on Thursday, hitting $25.86. 115,606 shares of the company’s stock traded hands. MB Financial has a 1-year low of $24.79 and a 1-year high of $32.85. The stock’s 50-day moving average is $28.95 and its 200-day moving average is $30.17. The company has a market cap of $1.413 billion and a P/E ratio of 15.38.
MB Financial (NASDAQ:MBFI) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.40 by $0.04. Analysts expect that MB Financial will post $1.68 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of MB Financial from a “neutral” rating to an “underperform” rating in a research note on Wednesday. They now have a $25.70 price target on the stock. Separately, analysts at SunTrust cut their price target on shares of MB Financial from $33.00 to $29.00 in a research note on Friday, May 2nd. Finally, analysts at SunTrust initiated coverage on shares of MB Financial in a research note on Monday, March 31st. They set a “neutral” rating and a $33.00 price target on the stock.
MB Financial, Inc (NASDAQ:MBFI), is a financial holding company.
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