Brokerage Firm Rating Update on MB Financial (MBFI)

MB Financial (MBFI) has an average broker rating of 2.44, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

MB Financial (MBFI) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $43 and the lowest price target forecast is $31. The average forecast of all the analysts is $38.86 and the expected standard deviation is $4.06.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm DA Davidson maintains its rating on MB Financial (NASDAQ:MBFI). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at DA Davidson raises the price target from $39.19 per share to $43 per share. The rating by the firm was issued on August 26, 2016.

MB Financial (NASDAQ:MBFI): The stock opened at $38.54 and touched an intraday high of $38.98 on Wednesday. During the day, the stock corrected to an intraday low of $38.54, however, the bulls stepped in and pushed the price higher to close in the green at $38.97 with a gain of 0.67% for the day. The total traded volume for the day was 478,644. The stock had closed at $38.71 in the previous trading session.

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.

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