BankUnited – Consensus Indicates Potential 2.6% Upside

Broker Ratings

BankUnited with ticker code (BKU) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 35.25 and 24 with the average target price sitting at 30.05. Given that the stocks previous close was at 29.29 this indicates there is a potential upside of 2.6%. The 50 day moving average now sits at 27.11 and the 200 day MA is 22.51. The company has a market capitalisation of $2,751m. You can visit the company’s website by visiting:

BankUnited operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, SBA product offerings, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers ATMs, as well as online, mobile, and telephone banking services. As of December 31, 2019, it operated through a network of 74 branches located in 14 Florida counties; and 5 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited was founded in 2009 and is headquartered in Miami Lakes, Florida.

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