On Oct 31, major Wall Street analysts update their ratings for $UMB Financial (UMBF.US)$, with price targets ranging from $120 to $137.
Barclays analyst Jared Shaw maintains with a buy rating, and adjusts the target price from $118 to $123.
Wells Fargo analyst Timur Braziler maintains with a hold rating, and maintains the target price at $120.
Piper Sandler analyst Nathan Race maintains with a buy rating, and adjusts the target price from $102 to $137.
KBW analyst Christopher Mcgratty maintains with a buy rating, and adjusts the target price from $120 to $130.
Furthermore, according to the comprehensive report, the opinions of $UMB Financial (UMBF.US)$'s main analysts recently are as follows:
UMB Financial is observed to have a robust pipeline for Q4 and is expected to experience high betas in the context of declining rates on indexed deposits. Additionally, credit trends continue to be solid.
The firm notes that the momentum of the balance sheet is building, which is expected to hasten the growth of net interest income in the fourth quarter. The anticipated deal is on schedule to conclude in the first quarter of 2025, which may temper the recent trends of growth. The latter half of 2025 and 2026 present an appealing outlook, although short-term disturbances might offer a more advantageous entry point.
Here are the latest investment ratings and price targets for $UMB Financial (UMBF.US)$ from 4 analysts:
Note:
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