D.A. Davidson analyst Kevin Reevey maintained a Hold rating on First Business Financial (NASDAQ: FBIZ) today and set a price target of $27. The company’s shares closed yesterday at $25.99, close to its 52-week high of $26.95.
According to TipRanks.com, Reevey is a 4-star analyst with an average return of 17.6% and a 79.2% success rate. Reevey covers the Financial sector, focusing on stocks such as First Mid-Illinois Bancshares, Inc., Civista Bancshares Inc, and Associated Banc-Corp.
First Business Financial has an analyst consensus of Moderate Buy, with a price target consensus of $28.
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First Business Financial’s market cap is currently $227.8M and has a P/E ratio of 18.56. The company has a book value ratio of 1.3455.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.
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First Business Financial Services, Inc. operates as a bank holding company, which engages in the provision of commercial banking services. It offers treasury and investment management, commercial lending, equipment finance, retirement plans, trust and estate administration, private banking, and asset-based lending.
