Morgan Stanley (NYSE:MS) analyst Ken Zerbe maintained a Hold rating on Bankunited on Tuesday, setting a price target of $30, which is approximately 16.41% above the present share price of $25.77.
Zerbe expects Bankunited to post earnings per share (EPS) of $0.80 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in BankUnited (NYSE:BKU), with an average price target of $27.6.
The analysts price targets range from a high of $30 to a low of $24.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $228.69 million and a net profit of $0. The company's market cap is $2.38 billion.
According to TipRanks.com, Morgan Stanley analyst Ken Zerbe is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.4% and a 51.02% success rate.
BankUnited, Inc. is a holding company, which engages in the provision of banking and related services to individual and corporate customers. It also offers commercial lending and deposit products through national platforms. The company was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.