BankUnited (BKU) Shares are Up 3.6%

BankUnited (BKU) : Traders are bullish on BankUnited (BKU) as it has outperformed the S&P 500 by a wide margin of 4.58% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.6% in the last 1 week, and is up 4.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.25% and the fifty day Moving Average is 2.8%. BankUnited, Inc. has dropped 5.29% during the last three month period . Year-to-Date the stock performance stands at -11.44%.

BankUnited (BKU) : The most positive equity analysts on BankUnited (BKU) expects the shares to touch $40, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $35.5 with an expected fluctuation of $3.12 from the mean.


BankUnited (NYSE:BKU): stock turned positive on Friday. Though the stock opened at $30.93, the bulls momentum made the stock top out at $31.49 level for the day. The stock recorded a low of $30.87 and closed the trading day at $31.33, in the green by 1.56%. The total traded volume for the day was 878,005. The stock had closed at $30.85 in the previous days trading.

BankUnited, Inc. is a bank holding company with one wholly owned subsidiary, BankUnited, National Association, collectively, the Company. BankUnited provides banking services to individual and corporate customers through 100 branches located in approximately 15 Florida counties and around six banking centers in the New York metropolitan area. The Companys lending focus is to serve commercial and middle-market businesses, their executives and consumers with financial products and services. It offers lending products , such as small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit, residential mortgages and consumer loans. BankUnited offers deposit products including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with various terms and rates.

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