KBW Keeps a Buy Rating on BankUnited

By Carrie Williams

In a report released yesterday, Brady Gailey from KBW reiterated a Buy rating on BankUnited (NYSE: BKU), with a price target of $41. The company’s shares closed yesterday at $33.63.

According to TipRanks.com, Gailey is a 5-star analyst with an average return of 13.4% and a 77.2% success rate. Gailey covers the Financial sector, focusing on stocks such as Atlantic Capital Bancshares, First Financial Bankshares, and Allegiance Bancshares Inc.

BankUnited has an analyst consensus of Moderate Buy, with a price target consensus of $40.75.

BankUnited’s market cap is currently $3.59B and has a P/E ratio of 15.64. The company has a book value ratio of 1.4185.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BankUnited, Inc. is a bank holding company. The company provides commercial and consumer banking services through its three wholly-owned subsidiaries: BankUnited NA, BankUnited Investment Services, Inc. and Herald National Bank. BankUnited NA is an independent depository institution headquartered in Florida by assets. BankUnited Investment Services, Inc. is a Florida based insurance agency which provides comprehensive wealth management products and financial planning services. Herald National Bank, a commercial bank servicing the New York City market. The company focuses on the financial needs of growing companies, consumers and commercial and middle-market businesses in Florida’s coastal regions. It also offers online services, treasury management tools for businesses and traditional depository and lending products. BankUnited was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.