Brean Capital analyst Blair Brantley reiterated a Hold rating on Union First Market Bankshares Corp (NASDAQ: UBSH) today. The company’s shares opened today at $40.61, close to its 52-week high of $41.33.
According to TipRanks.com, Brantley is a 4-star analyst with an average return of 9.1% and a 85.7% success rate. Brantley covers the Financial sector, focusing on stocks such as Carolina Financial Corporation, Patriot National Bancorp Inc, and Community Bankers Trust Corp.
Union First Market Bankshares Corp has an analyst consensus of Moderate Buy, with a price target consensus of $43.
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Based on Union First Market Bankshares Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $16.64 million. In comparison, last year the company had a net profit of $19.12 million.
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Union Bankshares Corp. is a bank holding company, which through its subsidiaries, engages in the provision of financial services. It operates through the Community Bank and Mortgage business segment. The Community Bank segment includes one subsidiary bank, which provides loan, deposit, investment, and trust services to retail and commercial customers.
