MB Financial (NASDAQ:MBFI) : The consensus on MB Financial (NASDAQ:MBFI) based on 9 analyst recommendation on the company stock is 2.44, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
MB Financial (NASDAQ:MBFI) : The highest short term price target forecast on MB Financial (NASDAQ:MBFI) is $41 and the lowest target price is $31. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $35.71 with a standard deviation of $3.04.
Company shares have received an average consensus rating of Hold for the current week
MB Financial (NASDAQ:MBFI): stock turned positive on Tuesday. Though the stock opened at $33.44, the bulls momentum made the stock top out at $33.5 level for the day. The stock recorded a low of $32.73 and closed the trading day at $33.32, in the green by 1.40%. The total traded volume for the day was 811,680. The stock had closed at $32.86 in the previous days trading.
In an insider trading activity,The director of Mb Financial Inc /Md, Santo Ronald D sold 5,000 shares at $36.05 on May 25, 2016. The Insider selling transaction had a total value worth of $180,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
MB Financial, Inc. (MB Financial) is a financial holding company. Through its bank subsidiary, MB Financial Bank, N.A. (MB Financial Bank), the Company offers financial services to small and middle market businesses and individuals in the markets that it serves. Its primary business segments include banking, leasing and mortgage banking. It makes commercial loans to middle market businesses located in the Chicago area. Loan products offered by it are primarily working capital, term loans and lines of credit that help its customers finance accounts receivable, inventory and equipment. It also offers financial, performance and commercial letters of credit. It originates commercial real estate loans that are secured by multi-unit residential property and owner and non-owner occupied commercial and industrial property. Its consumer loan portfolio is focused on indirect vehicle loans through a network of motorcycle, power sports, recreational vehicles, and marine dealers.