KBW analyst Catherine Mealor assigned a Hold rating to United Bankshares (UBSI – Research Report) yesterday and set a price target of $38.00. The company’s shares closed yesterday at $33.82.
Mealor covers the Financial sector, focusing on stocks such as United Bankshares, MVB Financial, and Southern States Bancshares. According to TipRanks, Mealor has an average return of 11.3% and a 60.24% success rate on recommended stocks.
United Bankshares has an analyst consensus of Hold, with a price target consensus of $36.33, implying a 7.42% upside from current levels. In a report released on April 29, Piper Sandler also assigned a Hold rating to the stock with a $37.00 price target.
UBSI market cap is currently $4.49B and has a P/E ratio of 12.69.
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United Bankshares (UBSI) Company Description:
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.
