MB Financial (MBFI) Shares are Up 0.21%

MB Financial (MBFI) has been under a strong bear grip, hence the stock is down -2.91% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.05% in the past 1 week. The stock has risen by 0.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.43% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 0.92%.The 200 Day SMA reached 11.28%


MB Financial (NASDAQ:MBFI): After opening at $37.58, the stock dipped to an intraday low of $37.4 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.2 and the buying power remained strong till the end. The stock closed at $38.04 for the day, a gain of 1.58% for the day session. The total traded volume was 991,581. The stocks close on the previous trading day was $38.04.

MB Financial (MBFI) : The highest short term price target forecast on MB Financial (MBFI) is $43 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 $38.86 with a standard deviation of $4.06.

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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