Analysts Are Neutral on These Financial Stocks: SBCF, MBFI

By Carrie Williams

Analysts fell to the sidelines weighing in on Seacoast Banking Corporation Of Florida (NASDAQ: SBCF) and MB Financial Inc (NASDAQ: MBFI) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Seacoast Banking Corporation Of Florida (NASDAQ: SBCF)

Hovde Group analyst Joseph Fenech reiterated a Hold rating on Seacoast Banking Corporation Of Florida (NASDAQ: SBCF) today and set a price target of $30. The company’s shares closed yesterday at $27.12, close to its 52-week high of $27.25.

According to TipRanks.com, Fenech is a 4-star analyst with an average return of 12.2% and a 76.9% success rate. Fenech covers the Financial sector, focusing on stocks such as Peapack-Gladstone Financial Corp, Old National Bancorp Capital, and Financial Institutions Inc.

Currently, the analyst consensus on Seacoast Banking Corporation Of Florida is Moderate Buy and the average price target is $28.80, representing a 6.2% upside.

In a report issued on January 4, Sandler O’Neill also reiterated a Hold rating on the stock with a $27 price target.
MB Financial Inc (NASDAQ: MBFI)

In a report released today, Brian Zabora from Hovde Group reiterated a Hold rating on MB Financial Inc (NASDAQ: MBFI), with a price target of $49. The company’s shares closed yesterday at $46.83, close to its 52-week high of $47.64.

According to TipRanks.com, Zabora is a 3-star analyst with an average return of 8.0% and a 77.4% success rate. Zabora covers the Financial sector, focusing on stocks such as Provident Financial Holdings, Inc, Independent Bank Corporation, and Pacific Premier Bancorp Inc.

MB Financial Inc has an analyst consensus of Hold, with a price target consensus of $49.33.

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