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 $36.78.
Navas covers the Financial sector, focusing on stocks such as City Holding Company, Community Bank System, and Northfield Bancorp. According to TipRanks, Navas has an average return of 6.9% and a 65.08% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for United Bankshares with a $39.00 average price target, a 6.04% upside from current levels. In a report released today, Piper Sandler also maintained a Hold rating on the stock with a $39.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $40.66 and a one-year low of $25.08. Currently, United Bankshares has an average volume of 721.9K.
Based on the recent corporate insider activity of 73 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 (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.
Read More on UBSI:
