RBC Capital analyst Jon Arfstrom maintained a Hold rating on BankUnited (BKU – Research Report) on January 10 and set a price target of $33.00. The company’s shares closed yesterday at $30.04.
Arfstrom covers the Financial sector, focusing on stocks such as First Horizon, Huntington Bancshares, and Synovus. According to TipRanks, Arfstrom has an average return of 15.2% and a 56.57% success rate on recommended stocks.
In addition to RBC Capital, BankUnited also received a Hold from J.P. Morgan’s Steven Alexopoulos in a report issued on January 5. However, on January 8, UBS downgraded BankUnited (NYSE: BKU) to a Sell.
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The company has a one-year high of $38.79 and a one-year low of $15.46. Currently, BankUnited has an average volume of 831.9K.
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BankUnited (BKU) Company Description:
BankUnited, Inc. is a holding company, which engages in the provision of banking and related services to individual and corporate customers. It also offers commercial lending and deposit products through national platforms. The company was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.
Read More on BKU:
- BankUnited downgraded to Sell at UBS on below consensus revenue estimates
- BankUnited downgraded to Sell from Neutral at UBS
- BankUnited price target raised to $36 from $33 at JPMorgan
- Citi starts regional banks with Western Alliance, First Horizon among top picks
- BankUnited initiated with a Neutral at Citi
