Byline Bancorp – Consensus Indicates Potential 5.5% Upside

Broker Ratings
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Byline Bancorp found using ticker (BY) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 32 and 29 and has a mean target at 30.2. Given that the stocks previous close was at 28.63 this now indicates there is a potential upside of 5.5%. The 50 day MA is 27.37 and the 200 moving average now moves to 24.45. The company has a market capitalisation of $1,090m. Visit the company website at: https://www.bylinebancorp.com

The potential market cap would be $1,150m based on the market concensus.

Byline Bancorp operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit. The company also provides commercial loan products and services, including term loans, construction financing, and revolving lines of credit; small business administration loans; and small ticket equipment leasing services, as well as online, mobile, and direct banking services. It operates through 45 branch offices in Chicago metropolitan area; and one branch office in Brookfield, Wisconsin. The company was formerly known as Metropolitan Bank Group and changed its name to Byline Bancorp in 2015. Byline Bancorp was incorporated in 1978 and is headquartered in Chicago, Illinois.

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