First Busey Corp (BUSE) Gets a Buy Rating from B.Riley FBR


In a report released yesterday, Steve Moss from B.Riley FBR maintained a Buy rating on First Busey Corp (NASDAQ: BUSE), with a price target of $36. The company’s shares closed yesterday at $29.40.

According to TipRanks.com, Moss is a 3-star analyst with an average return of 2.4% and a 46.3% success rate. Moss covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, The Bank of Princeton, and Meta Financial Group.

Currently, the analyst consensus on First Busey Corp is a Moderate Buy with an average price target of $36.

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First Busey Corp’s market cap is currently $1.43B and has a P/E ratio of 18.15. The company has a Price to Book ratio of 1.50.

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First Busey Corp. is a bank holding company, which provides financial services through its banking and non-banking subsidiaries at multiple locations in Illinois, Florida, Indiana and Missouri. It operates the following segments: Banking, Remittance Processing, and Wealth Management.

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