Piper Sandler Reaffirms Their Buy Rating on Unity Bancorp (UNTY)
In a report released today, Justin Crowley from Piper Sandler reiterated a Buy rating on Unity Bancorp (UNTY – Research Report), with a price target of $50.00. The company’s shares closed last Friday at $39.39.
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Crowley covers the Financial sector, focusing on stocks such as Shore Bancshares, Unity Bancorp, and LINKBANCORP. According to TipRanks, Crowley has an average return of 10.3% and a 55.88% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Unity Bancorp with a $54.50 average price target.
UNTY market cap is currently $396.2M and has a P/E ratio of 9.23.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UNTY in relation to earlier this year. Most recently, in February 2025, Vincent Geraci, the Director Mortgage Lending of UNTY sold 1,811.00 shares for a total of $92,035.02.
Read More on UNTY:
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- Unity Bancorp Reports Modest Income Growth in Q1 2025
- China raises tariffs on U.S. goods, banks report Q1 results: Morning Buzz
- Unity Bancorp reports Q1 EPS $1.13, consensus $1.13
- UNTY Upcoming Earnings Report: What to Expect?
- Unity Bancorp’s Heavy Exposure to Commercial Real Estate Heightens Financial Risks
