MB Financial Inc Receives a Hold from Sandler O’Neill

By Jason Carr

In a report released today, Brad Milsaps from Sandler O’Neill reiterated a Hold rating on MB Financial Inc (NASDAQ: MBFI), with a price target of $46. The company’s shares opened today at $42.01.

According to TipRanks.com, Milsaps is a 4-star analyst with an average return of 12.4% and a 80.8% success rate. Milsaps covers the Financial sector, focusing on stocks such as First Financial Bankshares, Texas Capital Bancshares, and Wintrust Financial Corp.

Currently, the analyst consensus on MB Financial Inc is Hold and the average price target is $46, representing a 9.5% upside.

In a report issued on April 6, Piper Jaffray also reiterated a Hold rating on the stock with a $44 price target.

The company has a one-year high of $47.64 and a one-year low of $38.29. Currently, MB Financial Inc has an average volume of 438K.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MB Financial, Inc. is a holding company, which engages in the provision of commercial banking, leasing, retail banking, and wealth management services. Its commercial banking business offers credit, deposit, and treasury management products. The company operates through the following segments: Banking, Leasing, and Mortgage Banking.