Barclays lifts BankUnited Inc [BKU] price estimate. Who else is bullish?

BankUnited Inc [NYSE: BKU] jumped around 0.34 points on Wednesday, while shares priced at $29.89 at the close of the session, up 1.15%.

Compared to the average trading volume of 711.33K shares, BKU reached a trading volume of 295084 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about BankUnited Inc [BKU]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKU shares is $31.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKU stock is a recommendation set at 2.83. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for BankUnited Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 08, 2024. The new note on the price target was released on January 08, 2024, representing the official price target for BankUnited Inc stock. Previously, the target price had yet another raise to $28, while Citigroup analysts kept a Neutral rating on BKU stock.

The Average True Range (ATR) for BankUnited Inc is set at 0.77, with the Price to Sales ratio for BKU stock in the period of the last 12 months amounting to 1.12. The Price to Book ratio for the last quarter was 0.85. Price to Free Cash Flow for BKU in the course of the last twelve months was 6.75.

How has BKU stock performed recently?

BankUnited Inc [BKU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.98. With this latest performance, BKU shares gained by 4.80% in over the last four-week period, additionally sinking by -8.00% over the last 6 months – not to mention a rise of 33.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BKU stock in for the last two-week period is set at 62.02, with the RSI for the last a single of trading hit 58.91, and the three-weeks RSI is set at 55.20 for BankUnited Inc [BKU]. The present Moving Average for the last 50 days of trading for this stock 28.39, while it was recorded at 29.10 for the last single week of trading, and 27.04 for the last 200 days.

BankUnited Inc [BKU]: Deeper insight into the fundamentals

BankUnited Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.05.

Earnings analysis for BankUnited Inc [BKU]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BKU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BankUnited Inc go to 9.64%.

Insider trade positions for BankUnited Inc [BKU]

The top three institutional holders of BKU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in BKU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in BKU stock with ownership which is approximately 5.1238%.

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