Morgan Stanley analyst Ken Zerbe maintained a Hold rating on BankUnited (BKU) today and set a price target of $37. The company’s shares closed yesterday at $31.45, close to its 52-week low of $29.86.
According to TipRanks.com, Zerbe is a 4-star analyst with an average return of 9.9% and a 60.0% success rate. Zerbe covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Huntington Bancshares Inc, and People’s United Financial.
BankUnited has an analyst consensus of Moderate Buy, with a price target consensus of $39.67.
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BankUnited’s market cap is currently $3.26B and has a P/E ratio of 5.01. The company has a Price to Book ratio of 1.06.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative 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.
