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 last Friday at $33.13.
According to TipRanks, Navas is an analyst with an average return of -12.5% and a 20.00% success rate. Navas covers the Financial sector, focusing on stocks such as Oceanfirst Financial, 1St Source, and BCB Bancorp.
United Bankshares has an analyst consensus of Moderate Buy, with a price target consensus of $36.67.
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UBSI market cap is currently $4.46B and has a P/E ratio of 11.29.
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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.
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