Wells Fargo analyst Timur Braziler maintained a Hold rating on BankUnited (BKU – Research Report) yesterday and set a price target of $28.00. The company’s shares closed yesterday at $27.50.
Braziler covers the Financial sector, focusing on stocks such as Columbia Banking System, East West Bancorp, and Popular. According to TipRanks, Braziler has an average return of 2.1% and a 50.63% success rate on recommended stocks.
Currently, the analyst consensus on BankUnited is a Hold with an average price target of $30.70, an 11.64% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $29.00 price target.
The company has a one-year high of $33.92 and a one-year low of $15.33. Currently, BankUnited has an average volume of 899.7K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock.
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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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