SproutNews logo

Free Pre-Market Technical Pulse on KeyCorp and Three More Banking Stocks

Stock Research Monitor: MBFI, ONB, and TCF

LONDON, UK / ACCESSWIRE / June 27, 2018 / If you want a free Stock Review on KEY sign up now at www.wallstequities.com/registration. Today’s research on WallStEquities.com is focused on four Regional Midwest Banks stocks, particularly: KeyCorp (NYSE: KEY), MB Financial Inc. (NASDAQ: MBFI), Old National Bancorp (NASDAQ: ONB), and TCF Financial Corp. (NYSE: TCF). These companies are part of the financial sector, which is made up offirms that provide financial services to commercial and retail customers.All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

KeyCorp

Cleveland, Ohio headquartered KeyCorp’s stock finished Tuesday’s session 1.54% lower at $19.80 with a total trading volume of 8.65 million shares. The Company’s shares have advanced 2.75% in the previous three months and 9.27% over the past year. The stock is trading 0.15% above its 200-day moving average. Additionally, shares of KeyCorp, which operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the US, have a Relative Strength Index (RSI) of 39.67.

On June 13th, 2018, KeyCorp and its banking affiliates have raised their prime lending rate to 5.00% from 4.75%, effective June 14th, 2018.

On June 26th, 2018, research firm Argus initiated a ‘Buy’ rating on the Company’s stock, with a target price of $24 per share. Get the full research report on KEY for free by clicking below at:

www.wallstequities.com/registration/?symbol=KEY

MB Financial

On Tuesday, shares in Chicago, Illinois headquartered MB Financial Inc. recorded a trading volume of 374,673 shares. The stock ended the session 1.30% lower at $47.96. The Company’s shares have advanced 18.92% in the previous three months and 12.00% over the past year. The stock is trading 3.05% above its 50-day moving average and 7.72% above its 200-day moving average. Moreover, shares of MB Financial, which operates as a bank holding company for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals in the US, have an RSI of 43.12. Download our actionable research report on MBFI at:

www.wallstequities.com/registration/?symbol=MBFI

Old National Bancorp

Evansville, Indiana headquartered Old National Bancorp’s shares closed the day flat at $18.90. The stock recorded a trading volume of 1.12 million shares, which was higher than its three months average volume of 890,410 shares. The Company’s shares have gained 4.13% in the last month, 12.50% over the previous three months, and 13.51% over the past year. The stock is trading 5.25% and 6.65% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which operates as the holding company for Old National Bank that provides various financial services to individual and commercial customers in the US, have an RSI of 61.69.

On June 08th, 2018, research firm DA Davidson initiated a ‘Neutral’ rating on the Company’s stock.

On June 21st, 2018, Old National Bancorp (“ONB”) and Minnesota-based Klein Financial, Inc. (“Klein”) jointly announced the execution of a merger agreement under which the former will acquire Klein through a 100% stock merger. This transaction greatly strengthens and complements ONB’s recent expansion into the Twin Cities market. Register for your free report coverage on ONB at:

www.wallstequities.com/registration/?symbol=ONB

TCF Financial

Shares in Wayzata, Minnesota headquartered TCF Financial Corp. finished 0.83% lower at $25.21. The stock recorded a trading volume of 935,766 shares. The Company’s shares have advanced 13.30% in the previous three months and 65.31% over the past year. The stock is trading above its 200-day moving average by 17.25%. Furthermore, shares of TCF Financial, which operates as the holding company for TCF National Bank that provides various financial products and services in the US and Canada, have an RSI of 35.68.

On May 29th, 2018, research firm Raymond James upgraded the Company’s stock rating from ‘Market Perform’ to ‘Outperform’.

On June 13th, 2018, TCF Financial and its subsidiaries announced that they are increasing their prime rate to 5.00% from 4.75%, effective June 14th, 2018. Get the free research report on TCF at:

www.wallstequities.com/registration/?symbol=TCF

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities

ReleaseID: 503858

Go Top