Stephens analyst Terry McEvoy maintained a Buy rating on Midland States Bancrop (MSBI) yesterday and set a price target of $27. The company’s shares closed yesterday at $21.41, close to its 52-week low of $21.23.
According to TipRanks.com, McEvoy is a 4-star analyst with an average return of 5.2% and a 54.9% success rate. McEvoy covers the Financial sector, focusing on stocks such as Chemical Financial Corp, First Financial Bancorp, and Wintrust Financial Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Midland States Bancrop with a $35 average price target.
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The company has a one-year high of $36.06 and a one-year low of $21.23. Currently, Midland States Bancrop has an average volume of 64.69K.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock.
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Midland States Bancorp, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking products and services. It operates through the following business segments: Banking, Commercial Federal Housing Administration Origination and Servicing, and Other.
