BankUnited found using ticker (BKU) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 42 and 32 calculating the average target price we see 38.2. Given that the stocks previous close was at 32.84 this would imply there is a potential upside of 16.3%. The 50 day moving average now sits at 35.06 and the 200 moving average now moves to 37.58. The company has a market capitalisation of $2,636m. Company Website: https://www.bankunited.com
The potential market cap would be $3,066m 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, commercial payment, 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, commercial credit cards, 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, 2021, it operated through a network of 63 banking centers located in 13 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.
