In a report released today, Manuel Navas from D.A. Davidson reiterated a Hold rating on United Bankshares (UBSI – Research Report). The company’s shares closed yesterday at $33.82.
Navas covers the Financial sector, focusing on stocks such as Provident Financial Services, Dime Community Bancshares, and Civista Bancshares. According to TipRanks, Navas has an average return of 0.0% and a 55.42% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for United Bankshares with a $36.33 average price target, representing a 7.42% upside. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $38.00 price target.
UBSI market cap is currently $4.49B and has a P/E ratio of 12.69.
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United Bankshares (UBSI) Company Description:
United Bankshares, Inc. engages in the provision of commercial and retail banking services and products. It offers community banking services such as asset management, real property title insurance, investment banking, financial planning and brokerage services, through bank and nonbank subsidiaries. It operates through the following segments: Community Banking and Mortgage Banking. The company was founded in 1839 and is headquartered in Charleston, WV.
