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1st United Bancorp Inc (Florida) (NASDAQ:FUBC) reached a new 52-week high during mid-day trading on Friday , Analyst Ratings Network.com reports. The company traded as high as $8.67 and last traded at $8.65, with a volume of 86,826 shares trading hands. The stock had previously closed at $8.53.

A number of research firms have recently commented on FUBC. Analysts at Raymond James downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Friday, May 9th. Separately, analysts at FIG Partners downgraded shares of 1st United Bancorp Inc (Florida) from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 8th. They now have a $8.50 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of 1st United Bancorp Inc (Florida) from $7.50 to $8.25 in a research note on Tuesday, April 22nd. They now have a “market perform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $8.30.

The stock has a 50-day moving average of $7.91 and a 200-day moving average of $7.72. The company has a market cap of $298.0 million and a price-to-earnings ratio of 37.09.

1st United Bancorp Inc (Florida) (NASDAQ:FUBC) last issued its quarterly earnings data on Friday, April 18th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. On average, analysts predict that 1st United Bancorp Inc will post $0.37 earnings per share for the current fiscal year.

1st United Bancorp, Inc (NASDAQ:FUBC) is a financial holding company.

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