Sterne Agee Boosts UMB Financial Earnings Estimates (UMBF)
Equities research analysts at Sterne Agee increased their earnings per share estimates on shares of UMB Financial (NASDAQ: UMBF) in a research note issued to investors on Friday. The firm currently has a “buy” rating and a $51.00 price target on the company’s shares.
Separately, analysts at Stephens initiated coverage on shares of UMB Financial in a research note to investors on Thursday, April 5th. They set an “equal weight” rating on the stock.
UMB Financial traded down 1.40% on Friday, hitting $45.68. UMB Financial has a 52-week low of $30.49 and a 52-week high of $49.24. The company has a market cap of $1.852 billion and a price-to-earnings ratio of 15.29.
UMB Financial Corporation is a multi-bank holding company. The Company owns four commercial banks, a brokerage company, a community development corporation, a mutual fund servicing company and fifteen other subsidiaries.