In a report released today, Nathan Race from Piper Sandler reiterated a Buy rating on Byline Bancorp (BY – Research Report), with a price target of $29.00. The company’s shares closed yesterday at $21.95.
Race covers the Financial sector, focusing on stocks such as Byline Bancorp, First Savings Financial Group, and Midland States Bancrop. According to TipRanks, Race has an average return of 5.7% and a 44.86% success rate on recommended stocks.
Currently, the analyst consensus on Byline Bancorp is a Moderate Buy with an average price target of $25.33.
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BY market cap is currently $827.7M and has a P/E ratio of 8.45.
Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Byline Bancorp, Inc. is a holding company, which engages in business through its subsidiary, Byline Bank, a full services commercial bank. It offers a broad range of banking products and service to small and medium sized businesses, commercial real estate and financial sponsors and to consumers in the branch areas. The company was founded on December 29, 1978 and is headquartered in Chicago, IL.
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