MBT Financial indicated as Buy By Maxim Group
In an analyst rating update on Wednesday shares of MBT Financial (NASDAQ:MBTF) had their rating indicated by analysts at Maxim Group.
The broker said it has now set a ‘Buy’ rating on shares of MBT Financial with a price target of 11. The price target according to the broker shows a possible increase of 15.18% from the current stock price of 9.55.
The companies 50 day moving average is 9.04 and its 200 day moving average is 8.45. The 52 week high MBT Financial’s shares have peaked at is 9.6 whilst the 52 week low for the company’s shares is 6.01.
MBT Financial has 22,732,000 shares which are currently outstanding with a price of 9.55 calculating MBT Financial’s market capitalisation to 217.09M USD .
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