A number of research firms have changed their ratings and price targets for MB Financial (NASDAQ: MBFI):

  • 7/28/2017 – MB Financial was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/27/2017 – MB Financial was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “MB Financial, Inc. is a bank holding company which conducts a commercial banking business through Manufacturers Bank. “
  • 7/24/2017 – MB Financial had its price target lowered by analysts at Hovde Group from $49.00 to $45.00. They now have a “market perform” rating on the stock.
  • 7/24/2017 – MB Financial was downgraded by analysts at Piper Jaffray Companies from an “overweight” rating to a “neutral” rating. They now have a $44.00 price target on the stock.
  • 7/21/2017 – MB Financial was downgraded by analysts at Piper Jaffray Companies from an “overweight” rating to a “neutral” rating. They now have a $44.00 price target on the stock.
  • 7/19/2017 – MB Financial was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/8/2017 – MB Financial was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MB Financial, Inc. is a bank holding company which conducts a commercial banking business through Manufacturers Bank. “
  • 7/4/2017 – MB Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “MB Financial, Inc. is a bank holding company which conducts a commercial banking business through Manufacturers Bank. “
  • 6/27/2017 – MB Financial had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $48.00 price target on the stock.
  • 6/15/2017 – MB Financial was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/11/2017 – MB Financial had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $48.00 price target on the stock.

MB Financial Inc. (MBFI) opened at 40.74 on Tuesday. The stock has a market capitalization of $3.42 billion, a PE ratio of 18.59 and a beta of 1.13. MB Financial Inc. has a 12 month low of $35.00 and a 12 month high of $48.47. The company’s 50-day moving average is $43.05 and its 200-day moving average is $43.33.

MB Financial (NASDAQ:MBFI) last released its quarterly earnings data on Thursday, July 20th. The bank reported $0.54 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.10. MB Financial had a return on equity of 7.99% and a net margin of 19.12%. The business had revenue of $239.51 million during the quarter, compared to analysts’ expectations of $247.39 million. During the same period last year, the company earned $0.58 earnings per share. Equities research analysts forecast that MB Financial Inc. will post $2.44 EPS for the current year.

In related news, insider Mitchell Feiger sold 11,825 shares of the company’s stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $43.60, for a total value of $515,570.00. Following the completion of the sale, the insider now directly owns 140,724 shares of the company’s stock, valued at $6,135,566.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Jill E. York sold 5,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $42.30, for a total transaction of $211,500.00. Following the completion of the sale, the vice president now directly owns 71,525 shares of the company’s stock, valued at $3,025,507.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,702 shares of company stock valued at $943,609. 4.93% of the stock is owned by insiders.

MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.

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