United Bankshares Inc. Hits New 52-Week High at $29.90 (UBSI)
United Bankshares (NASDAQ:UBSI) set a new 52-week high during trading hours on Monday, Analyst Ratings.Net reports. The company traded as high as $29.90 and last traded at $29.77, with a volume of 73,231 shares. The stock had previously closed at $29.79.
Several analysts have recently commented on the stock. Analysts at Guggenheim raised their price target on shares of United Bankshares from $28.00 to $30.00 in a research note to investors on Friday, September 20th. They now have a “neutral” rating on the stock. Analysts at Sandler O’Neill raised their price target on shares of United Bankshares from $27.50 to $29.50 in a research note to investors on Friday, July 26th.
United Bankshares has a 52 week low of $23.02 and a 52 week high of $29.90. The stock has a 50-day moving average of $28.69 and a 200-day moving average of $27.23. The company has a market cap of $1.503 billion and a price-to-earnings ratio of 17.84.
United Bankshares (NASDAQ:UBSI) last released its earnings data on Thursday, July 25th. The company reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. During the same quarter in the previous year, the company posted $0.42 earnings per share. On average, analysts predict that United Bankshares will post $1.74 earnings per share for the current fiscal year.
United Bankshares, Inc (NASDAQ:UBSI) is a bank holding company.
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