Zacks Investment Research downgraded MB Financial Inc (NASDAQ:MBFI) to Hold in a report released today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded MB Financial Inc (NASDAQ:MBFI) to Hold in a report released on 11/30/2016.
Previously on 11/23/2016, Zacks Investment Research released a statement about MB Financial Inc (NASDAQ:MBFI) increased the target price from $0.00 to $49.00. At the time, this indicated a possible upside of 0.14%.
Just yesterday MB Financial Inc (NASDAQ:MBFI) traded -0.05% lower at $43.42. MB Financial Inc’s 50-day moving average is $38.86 and its 200-day moving average is $37.65. The last stock price is up 14.46% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 0 shares of MBFI traded hands, down from an average trading volume of 512,488
Recent Performance Chart
MB Financial Inc has 52 week low of $27.98 and a 52 week high of $44.34 with a PE ratio of 19.86 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokerages have issued a ratings update on the company. The average stock price target is $36.78 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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