Union First Market Bankshares Corp Given New $26.00 Price Target at Compass Point (UBSH)
Research analysts at Compass Point increased their price objective on shares of Union First Market Bankshares Corp (NASDAQ:UBSH) from $23.00 to $26.00 in a report released on Monday, AnalystRatings.Net reports. Compass Point’s price target points to a potential upside of 4.92% from the company’s current price.
Shares of Union First Market Bankshares Corp (NASDAQ:UBSH) traded up 1.02% on Monday, hitting $24.78. 94,044 shares of the company’s stock traded hands. Union First Market Bankshares Corp has a 52 week low of $14.23 and a 52 week high of $22.90. The stock’s 50-day moving average is $22.13 and its 200-day moving average is $20.45. The company has a market cap of $617.4 million and a price-to-earnings ratio of 17.25.
UBSH has been the subject of a number of other recent research reports. Analysts at Robert W. Baird raised their price target on shares of Union First Market Bankshares Corp from $25.00 to $29.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of Union First Market Bankshares Corp from $25.00 to $27.00 in a research note to investors on Friday. Finally, analysts at UBS AG downgraded shares of Union First Market Bankshares Corp from an “outperform” rating to a “market perform” rating in a research note to investors on Friday. They now have a $26.00 price target on the stock. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $24.56.
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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