Analysts Set Byline Bancorp Inc (BY) Target Price at $24.38
Shares of Byline Bancorp Inc (NYSE:BY) have been assigned a consensus rating of “Buy” from the six research firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $24.38.
Several brokerages recently commented on BY. Keefe, Bruyette & Woods restated a “buy” rating on shares of Byline Bancorp in a research report on Friday, January 26th. Zacks Investment Research upgraded shares of Byline Bancorp from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Friday, January 12th.
In related news, EVP Donald J. Meyer sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $22.51, for a total value of $675,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Donald J. Meyer sold 27,500 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $22.10, for a total transaction of $607,750.00. The disclosure for this sale can be found here.
Shares of Byline Bancorp (NYSE BY) traded down $0.03 during trading hours on Friday, hitting $23.32. 2,695 shares of the company traded hands, compared to its average volume of 59,290. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.88. Byline Bancorp has a fifty-two week low of $19.02 and a fifty-two week high of $24.52.
Byline Bancorp (NYSE:BY) last issued its quarterly earnings results on Thursday, January 25th. The company reported $0.24 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.24. The firm had revenue of $44.79 million during the quarter, compared to analysts’ expectations of $44.90 million. research analysts expect that Byline Bancorp will post 1.27 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: This report was first posted by Daily Political and is the property of of Daily Political. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://www.dailypolitical.com/2018/03/05/analysts-set-byline-bancorp-inc-by-target-price-at-24-38.html.
Byline Bancorp Company Profile
Byline Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, Byline Bank (the Bank). Byline Bank is a full service commercial bank. The Bank operates through 56 branches in the Chicago metropolitan area. The Bank offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and to consumers.
Receive News & Ratings for Byline Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Byline Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.