MB Financial (NASDAQ:MBFI)‘s stock had its “buy” rating restated by investment analysts at SunTrust Banks in a research report issued to clients and investors on Tuesday. They currently have a $52.00 price target on the bank’s stock. SunTrust Banks’ price objective indicates a potential upside of 14.87% from the company’s current price.

MBFI has been the topic of several other reports. Zacks Investment Research upgraded shares of MB Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Piper Jaffray Companies restated a “hold” rating and set a $44.00 target price on shares of MB Financial in a research report on Thursday, October 19th. Keefe, Bruyette & Woods restated a “hold” rating and set a $49.00 target price on shares of MB Financial in a research report on Friday, December 22nd. Jefferies Group reiterated a “hold” rating and set a $49.00 price target on shares of MB Financial in a report on Thursday, October 12th. Finally, BidaskClub downgraded shares of MB Financial from a “hold” rating to a “sell” rating in a report on Friday, December 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. MB Financial currently has a consensus rating of “Hold” and a consensus target price of $48.50.

Shares of MB Financial (NASDAQ MBFI) opened at $45.27 on Tuesday. The company has a market cap of $3,760.13, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20. MB Financial has a one year low of $38.28 and a one year high of $47.64. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.24.

MB Financial (NASDAQ:MBFI) last announced its earnings results on Thursday, October 19th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.08. The firm had revenue of $252.21 million for the quarter, compared to analysts’ expectations of $253.15 million. MB Financial had a net margin of 20.21% and a return on equity of 8.40%. During the same period in the prior year, the company earned $0.61 EPS. equities analysts forecast that MB Financial will post 2.48 earnings per share for the current year.

In other news, insider Mark A. Heckler sold 13,804 shares of the stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $46.25, for a total transaction of $638,435.00. Following the transaction, the insider now directly owns 55,236 shares in the company, valued at $2,554,665. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jill E. York sold 5,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $44.60, for a total transaction of $223,000.00. Following the transaction, the vice president now owns 65,430 shares in the company, valued at $2,918,178. The disclosure for this sale can be found here. 4.93% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Suntrust Banks Inc. boosted its stake in shares of MB Financial by 4.0% during the second quarter. Suntrust Banks Inc. now owns 5,162 shares of the bank’s stock valued at $226,000 after purchasing an additional 200 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of MB Financial by 8.7% during the second quarter. PNC Financial Services Group Inc. now owns 3,263 shares of the bank’s stock valued at $144,000 after purchasing an additional 262 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of MB Financial by 0.3% during the second quarter. Stifel Financial Corp now owns 100,833 shares of the bank’s stock valued at $4,439,000 after purchasing an additional 278 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of MB Financial by 0.8% during the second quarter. UBS Asset Management Americas Inc. now owns 44,925 shares of the bank’s stock valued at $1,978,000 after purchasing an additional 368 shares in the last quarter. Finally, Eaton Vance Management boosted its stake in shares of MB Financial by 0.3% during the second quarter. Eaton Vance Management now owns 114,345 shares of the bank’s stock valued at $5,036,000 after purchasing an additional 395 shares in the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

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MB Financial Company Profile

MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.

Analyst Recommendations for MB Financial (NASDAQ:MBFI)

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