Piper Sandler (NYSE:PIPR) analyst Casey Whitman maintained a Hold rating on United Bankshares (NASDAQ:UBSI) on Wednesday, setting a price target of $25, which is approximately 17.95% above the present share price of $21.2.
Whitman expects United Bankshares to post earnings per share (EPS) of $0.44 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in United Bankshares, with an average price target of $30.
The analysts price targets range from a high of $30 to a low of $30.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $256.09 million and a net profit of $0. The company's market cap is $2.75 billion.
According to TipRanks.com, Piper Sandler analyst Casey Whitman is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.4% and a 54.72% success rate.
United Bankshares, Inc. engages in the provision of commercial and retail banking services and products. It offers community banking services such as asset management, real property title insurance, investment banking, financial planning and brokerage services, through bank and nonbank subsidiaries. It operates through the following segments: Community Banking and Mortgage Banking. The company was founded in 1839 and is headquartered in Charleston, WV.