BankUnited (BKU) : Zacks Investment Research ranks BankUnited (BKU) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 1.75, which indicates as a Buy.
BankUnited (BKU) : Average target price received by BankUnited (BKU) is $35.61 with an expected standard deviation of $3.06. The most aggressive target on the stock is $40, whereas the most downbeat target is $30. 9 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
BankUnited (NYSE:BKU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.28 and $29.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.38, notching a gain of 0.41% for the day. The total traded volume was 1,245,935 . The stock had closed at $29.26 on the previous day.
BankUnited, Inc. is a bank holding company with one wholly owned subsidiary, BankUnited, National Association, collectively, the Company. BankUnited provides banking services to individual and corporate customers through 100 branches located in approximately 15 Florida counties and around six banking centers in the New York metropolitan area. The Companys lending focus is to serve commercial and middle-market businesses, their executives and consumers with financial products and services. It offers lending products , such as small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit, residential mortgages and consumer loans. BankUnited offers deposit products including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with various terms and rates.