In a report released yesterday, Matt Olney from Stephens maintained a Buy rating on UMB Financial Corp (UMBF), with a price target of $74. The company’s shares closed yesterday at $67.95.
Olney commented:
“We expect to get more details on the conference call (tomorrow morning at 8:30 CT). Our rating is Overweight.”
According to TipRanks.com, Olney is a 2-star analyst with an average return of 0.5% and a 49.6% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
Currently, the analyst consensus on UMB Financial Corp is a Moderate Buy with an average price target of $74.50.
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The company has a one-year high of $77.43 and a one-year low of $57. Currently, UMB Financial Corp has an average volume of 214K.
Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock.
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UMB Financial Corp. operates as a financial holding company, which engages in the provision of bank and asset services. It operates through the Commercial Banking, Institutional Banking, Personal Banking, and Healthcare Services.
