United Bankshares Rating Increased to Buy at UBS AG (UBSI)

By admin | 6 years ago

United Bankshares (NASDAQ: UBSI) was upgraded by equities researchers at UBS AG (NYSE: UBS) from a “neutral” rating to a “buy” rating in a report issued on Monday.

Shares of United Bankshares traded up 1.03% during mid-day trading on Monday, hitting $25.54. United Bankshares has a one year low of $18.78 and a one year high of $30.91. The company has a market cap of $1.284 billion and a P/E ratio of 15.60.

United Bankshares last issued its quarterly earnings data on Thursday, April 26th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.02. On average, analysts predict that United Bankshares will post $0.44 earnings per share next quarter.

United Bankshares, Inc. (United) is a bank holding company. The Bank has two banking subsidiaries (the Banking Subsidiaries) doing business under the name of United Bank, operating United Bank (WV) and United Bank (VA).

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