Media coverage about Byline Bancorp (NYSE:BY) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Byline Bancorp earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.1060235271249 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Shares of Byline Bancorp (BY) traded down $0.55 during trading on Friday, reaching $22.13. The company’s stock had a trading volume of 42,700 shares, compared to its average volume of 70,259. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. Byline Bancorp has a 12-month low of $19.02 and a 12-month high of $23.65.

BY has been the subject of several recent research reports. Piper Jaffray Companies reissued a “buy” rating and issued a $25.00 price target on shares of Byline Bancorp in a research note on Friday, October 6th. Zacks Investment Research raised Byline Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Tuesday, September 26th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $21.00 price target on shares of Byline Bancorp in a research note on Wednesday, November 1st. Finally, FIG Partners initiated coverage on Byline Bancorp in a research note on Tuesday, October 3rd. They issued a “market perform” rating and a $22.50 price target for the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $23.70.

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About Byline Bancorp

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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