BankUnited – Consensus Indicates Potential 13.1% Upside

Broker Ratings
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BankUnited with ticker code (BKU) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 53 and 41.5 with a mean TP of 47.43. Now with the previous closing price of 41.92 this indicates there is a potential upside of 13.1%. There is a 50 day moving average of 43.22 while the 200 day moving average is 42.63. The market cap for the company is $3,891m. Company Website: https://www.bankunited.com

The potential market cap would be $4,402m based on the market concensus.

BankUnited operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services 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, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. As of December 31, 2020, it operated through a network of 70 branches located in 14 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited was incorporated in 2009 and is headquartered in Miami Lakes, Florida.

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