In a report released today, Casey Whitman from Piper Sandler maintained a Hold rating on United Bankshares (UBSI – Research Report), with a price target of $35.00. The company’s shares closed last Friday at $33.07.
According to TipRanks, Whitman is a 4-star analyst with an average return of 9.9% and a 58.70% success rate. Whitman covers the Financial sector, focusing on stocks such as WesBanco, First Community Bancshares, and Orrstown Financial Services.
Currently, the analyst consensus on United Bankshares is a Hold with an average price target of $36.00.
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UBSI market cap is currently $4.46B and has a P/E ratio of 11.38.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UBSI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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