BankUnited (BKU) : The consensus on BankUnited (BKU) based on 10 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
BankUnited (BKU) : The highest short term price target forecast on BankUnited (BKU) is $40 and the lowest target price is $30. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $35.39 with a standard deviation of $2.93.
For the current week, the company shares have a recommendation consensus of Buy. BankUnited (NYSE:BKU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.88 and $29.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.79, notching a gain of 0.03% for the day. The total traded volume was 915,413 . The stock had closed at $29.78 on the previous day.
In a related news,The officer (Officer of Subsidiary) of Bankunited, Inc., Bagnoli Mark sold 2,000 shares at $30.11 on July 29, 2016. The Insider selling transaction had a total value worth of $60,220. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.