Union First Market Bankshares Corp Reaches New 12-Month High at $23.61 (UBSH)
Union First Market Bankshares Corp (NASDAQ:UBSH)’s share price reached a new 52-week high during trading on Tuesday, Stock Ratings Network reports. The stock traded as high as $23.61 and last traded at $23.51, with a volume of 185,491 shares traded. The stock had previously closed at $23.20.
A number of analysts have recently weighed in on UBSH shares. Analysts at UBS AG initiated coverage on shares of Union First Market Bankshares Corp in a research note to investors on Monday. They set a “buy” rating and a $23.20 price target on the stock. Three investment analysts have rated the stock with a buy rating, Union First Market Bankshares Corp has an average rating of “Buy” and a consensus target price of $22.34.
Union First Market Bankshares Corp has a 52 week low of $14.23 and a 52 week high of $23.59. The stock has a 50-day moving average of $22.58 and a 200-day moving average of $20.92. The company has a market cap of $586.0 million and a P/E ratio of 15.69.
Union First Market Bankshares Corp (NASDAQ:UBSH) last announced its earnings results on Monday, July 22nd. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04.
Union First Market Bankshares Corporation is a bank holding company. The Company offers financial services through its community bank subsidiary Union First Market Bank and three non-bank financial services affiliates.
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