RBC Capital Sticks to Its Hold Rating for BankUnited (BKU)
In a report released on December 12, Jon Arfstrom from RBC Capital maintained a Hold rating on BankUnited, with a price target of $48.00. The company’s shares closed yesterday at $46.00.
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According to TipRanks, Arfstrom is a 5-star analyst with an average return of 13.9% and a 59.84% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Associated Banc-Corp, Home Bancshares, and Huntington Bancshares.
BankUnited has an analyst consensus of Moderate Buy, with a price target consensus of $45.57.
Based on BankUnited’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $722.47 million and a net profit of $67.43 million. In comparison, last year the company earned a revenue of $515.24 million and had a net profit of $61.45 million
