BankUnited (BKU) has risen sharply, recording gains of 3.14% in the past 4 weeks. However, the stock has corrected -1.27% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.27% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 1.38%.The 200 Day SMA reached 4.75% BankUnited, Inc. has dropped 0.48% during the last 3-month period . Year-to-Date the stock performance stands at -11.83%.
BankUnited (BKU) : 8 Wall Street analysts covering BankUnited (BKU) believe that the average level the stock could reach for the short term is $35.25. The maximum price target given is $40 and the minimum target for short term is around $28, hence the standard deviation is calculated at $3.65.
For the current week, the company shares have a recommendation consensus of Buy. BankUnited (NYSE:BKU): stock was range-bound between the intraday low of $30.73 and the intraday high of $31.3066 after having opened at $30.98 on Fridays session. The stock finally closed in the red at $30.98, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 1,487,947 shares. The stock failed to cross $31.3066 in Fridays trading. The stocks closing price on Thursday was $31.19.
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.