Published On: Wed, Oct 19th, 2016

MB Financial Inc. (NASDAQ:MBFI) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of MB Financial Inc. (NASDAQ:MBFI).

Most recent broker ratings

09/16/2016 – JMP Securities began new coverage on MB Financial Inc. giving the company a “market perform” rating.

08/26/2016 – MB Financial Inc. was downgraded to “hold” by analysts at Sandler O’Neill.

06/10/2016 – Piper Jaffray began new coverage on MB Financial Inc. giving the company a “overweight” rating. They now have a USD 41 price target on the stock.

04/08/2016 – D.A. Davidson began new coverage on MB Financial Inc. giving the company a “neutral” rating. They now have a USD 36 price target on the stock.

01/26/2016 – MB Financial Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 31 price target on the stock.

01/26/2016 – MB Financial Inc. had its “market perform” rating reiterated by analysts at Hovde Group. They now have a USD 31 price target on the stock.

01/12/2016 – MB Financial Inc. was upgraded to “outperform” by analysts at Macquarie.

12/03/2015 – MB Financial Inc. had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 31 price target on the stock.

12/03/2015 – MB Financial Inc. had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 34 price target on the stock.

11/24/2015 – MB Financial Inc. had its “outperform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 38 price target on the stock.

06/24/2015 – MB Financial Inc. was downgraded to “market perform” by analysts at FIG Partners.

05/01/2015 – MB Financial Inc. had its “hold” rating reiterated by analysts at Zacks.

11/03/2014 – MB Financial Inc. was downgraded to “neutral” by analysts at Sterne Agee.

10/18/2013 – MB Financial Inc. had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 30 price target on the stock.

The share price of MB Financial Inc. (NASDAQ:MBFI) was up +1.19% during the last day of trading, with a day high of 37.75. 268196 shares were traded during the last session.

The stock’s 50 day moving average is 38.08 and its 200 day moving average is 36.51. The stock’s market capitalization is 2.76B. MB Financial Inc. has a 52-week low of 27.98 and a 52-week high of 39.50.

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.