Zacks Investment Research downgraded MB Financial Inc (NASDAQ:MBFI) to Hold in a report released today.
- Updated: October 13, 2016
Yesterday MB Financial Inc (NASDAQ:MBFI) traded -2.51% lower at $36.96. The company’s 50-day moving average is $38.24 and its 200-day moving average is $36.36. The last closing price is up 1.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 440,199 shares of the stock were exchanged, down from an average volume of 575,254
Zacks Investment Research has downgraded MB Financial Inc (NASDAQ:MBFI) to Hold in a report released on 10/13/2016.
Previously on 10/07/2016, Zacks Investment Research reported on MB Financial Inc (NASDAQ:MBFI) raised the target price from $0.00 to $42.00. At the time, this indicated a possible upside of 0.11%.
Recent Performance Chart
MB Financial Inc has price-earnings ratio of 17.26 with a one year low of $27.98 and a 52 week high of $39.50 and has a market capitalization of $0.
Also covering MB Financial Inc's target, a total of 9 brokerages have issued a ratings update on MB Financial Inc. The 12-month price target is $36.78 with zero firms rating the stock a strong buy, zero equity analysts rating the company a buy, zero analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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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