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Shares of 1st United Bancorp Inc (Florida) (NASDAQ:FUBC) hit a new 52-week high on Tuesday , StockRatingsNetwork.com reports. The stock traded as high as $8.80 and last traded at $8.79, with a volume of 84,036 shares trading hands. The stock had previously closed at $8.62.

Several analysts have recently commented on the stock. 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 one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $8.38.

The stock’s 50-day moving average is $8.45 and its 200-day moving average is $7.82. The company has a market cap of $301.1 million and a price-to-earnings ratio of 37.48.

1st United Bancorp Inc (Florida) (NASDAQ:FUBC) last released its earnings data on Friday, April 18th. The company reported $0.08 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.08. Analysts expect that 1st United Bancorp Inc will post $0.37 EPS for the current fiscal year.

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

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