News articles about Byline Bancorp (NYSE:BY) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Byline Bancorp earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.0929258075905 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of research firms have recently weighed in on BY. Zacks Investment Research downgraded shares of Byline Bancorp from a “hold” rating to a “strong sell” rating in a report on Monday, October 30th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $22.00 target price on shares of Byline Bancorp in a report on Tuesday, October 3rd. Piper Jaffray Companies restated a “buy” rating and issued a $25.00 target price on shares of Byline Bancorp in a report on Friday, October 6th. Finally, FIG Partners began coverage on shares of Byline Bancorp in a report on Tuesday, October 3rd. They issued a “market perform” rating and a $22.50 target price on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Byline Bancorp presently has an average rating of “Buy” and a consensus target price of $23.70.
Byline Bancorp (NYSE BY) traded up $0.34 during trading on Monday, hitting $21.51. 204,700 shares of the stock were exchanged, compared to its average volume of 70,880. Byline Bancorp has a 12-month low of $19.02 and a 12-month high of $23.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.88 and a current ratio of 0.88.
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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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