MB Financial Inc (NASDAQ:MBFI) stock price target bumped up to $42.00, released a ratings update earlier today by Zacks Investment Research
- Updated: October 7, 2016
Boasting a price of $37.94, MB Financial Inc (NASDAQ:MBFI) traded 0.08% higher on the day. With the last stock price close up 4.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. MB Financial Inc has recorded a 50-day average of $38.40 and a two hundred day average of $36.24. Trading volume was down over the average, with 563,128 shares of MBFI changing hands under the typical 571,222
Zacks Investment Research bumped up the target of MB Financial Inc (NASDAQ:MBFI) to $42.00 stating a potential upside of 0.11%.
Recent Performance Chart
MB Financial Inc has P/E ratio of 17.72 with a 52 week low of $27.98 and a one year high of $39.50 and has a total market value of $0.
A total of 9 brokerages have issued a ratings update on the company. 0 brokers rating the stock a strong buy, zero equity analysts rating the company a buy, zero brokerages rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a 12-month price target of $36.78.
General Company Details For MB Financial Inc (NASDAQ:MBFI)
MB Financial, Inc. is a financial holding company. The Company, through its bank subsidiary, MB Financial Bank, N.A., offers a range of financial services to small and middle market businesses, and individuals. The Company's segments include banking, leasing and mortgage banking. Its banking segment includes lending and deposit gathering activities. It includes four primary lines of business: commercial banking, lease banking, retail banking and wealth management. Its leasing segment includes lease originations and related services offered through the Company's leasing subsidiaries: LaSalle Systems Leasing, Inc., Celtic Leasing Corp. and MB Equipment Finance, LLC. Its mortgage banking segment originates residential mortgage loans for sale to investors through its retail and third-party origination channels, as well as residential mortgage loans held in its loan portfolio. The mortgage banking segment also services residential mortgage loans owned by investors and the Company.
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