BMO Capital analyst Lana Chan maintained a Buy rating on BankUnited (NYSE: BKU) today and set a price target of $45. The company’s shares opened today at $30.04, close to its 52-week low of $29.86.
According to TipRanks.com, Chan is a 4-star analyst with an average return of 9.6% and a 62.0% success rate. Chan covers the Financial sector, focusing on stocks such as Westamerica Bancorporation, Huntington Bancshares Inc, and Fifth Third Bancorp.
Currently, the analyst consensus on BankUnited is a Strong Buy with an average price target of $43.50, implying a 44.8% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $41 price target.
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The company has a one-year high of $44.97 and a one-year low of $29.86. Currently, BankUnited has an average volume of 889.3K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is neutral on the stock.
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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.
