Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Byline Bancorp (BY) Stock Price
News articles about Byline Bancorp (NYSE:BY) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Byline Bancorp earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.2446140583786 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities research analysts have commented on BY shares. Piper Jaffray Companies started coverage on Byline Bancorp in a report on Tuesday, July 25th. They issued an “overweight” rating and a $25.00 target price for the company. Keefe, Bruyette & Woods started coverage on Byline Bancorp in a report on Tuesday, July 25th. They issued a “market perform” rating and a $22.00 target price for the company. Bank of America Corporation started coverage on Byline Bancorp in a report on Tuesday, July 25th. They issued a “buy” rating and a $25.00 target price for the company. Stephens started coverage on Byline Bancorp in a report on Wednesday, July 26th. They issued an “equal weight” rating for the company. Finally, Zacks Investment Research raised Byline Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $23.50.
Shares of Byline Bancorp (NYSE BY) opened at $19.53 on Friday. Byline Bancorp has a fifty-two week low of $19.29 and a fifty-two week high of $21.82. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.50.
Byline Bancorp Company Profile
Byline Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, Byline Bank (the Bank). Byline Bank is a full service commercial bank. The Bank operates through 56 branches in the Chicago metropolitan area. The Bank offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and to consumers.
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