Published On: Wed, Oct 19th, 2016

Analyst Review: MidWestOne Financial Group, Inc. (NASDAQ:MOFG)


A number of investment brokers have recently updated their price targets on shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG).

Most recent broker ratings

01/28/2015 – MidWestOne Financial Group, Inc. was upgraded to “outperform” by analysts at Zacks. They now have a USD 29.6 price target on the stock.

11/25/2014 – MidWestOne Financial Group, Inc. had its “outperform” rating reiterated by analysts at Raymond James. They now have a USD 34 price target on the stock.

11/24/2014 – MidWestOne Financial Group, Inc. had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 29 price target on the stock.

07/28/2014 – MidWestOne Financial Group, Inc. had its “” rating reiterated by analysts at Sandler O’Neill. They now have a USD 30 price target on the stock.

The share price of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) was up +0.52% during the last day of trading, with a day high of 30.85. 13816 shares were traded during the last session.

The stock’s 50 day moving average is 30.43 and its 200 day moving average is 29.03. The stock’s market capitalization is 351.40M. MidWestOne Financial Group, Inc. has a 52-week low of 24.71 and a 52-week high of 32.40.

MidWestOne Financial Group, Inc. is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc. MidWestOne Bank and Central Bank provide service retail banking in the communities in which their respective branch offices are located. Its deposit products include checking and other demand deposit accounts, negotiable order of withdrawal accounts, savings accounts, certificates of deposit, individual retirement accounts, non-interest-bearing demand deposits and money market accounts. MidWestOne Bank and Central Bank offer commercial and industrial, agricultural, real estate mortgage and consumer loans. Other products and services include debit cards, automated teller machines, online banking, mobile banking and safe deposit boxes. The principal service consists of making loans to and accepting deposits from individuals, businesses, governmental units and institutional customers.