Compass Point analyst Dave Rochester maintained a Buy rating on BankUnited (BKU – Research Report) today and set a price target of $35.00. The company’s shares closed last Friday at $29.90.
Rochester covers the Financial sector, focusing on stocks such as Cullen/Frost Bankers, M&T Bank, and BankUnited. According to TipRanks, Rochester has an average return of 9.9% and a 63.96% success rate on recommended stocks.
BankUnited has an analyst consensus of Hold, with a price target consensus of $31.89.
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Based on BankUnited’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $242.57 million and a net profit of $46.98 million. In comparison, last year the company earned a revenue of $258.91 million and had a net profit of $87.85 million
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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.
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