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BMO Capital Markets upgraded BankUnited (NYSE:BKU) from Market Perform to Outperform in a statement released earlier today.

BMO Capital Markets has upgraded BankUnited (NYSE:BKU) from Market Perform to Outperform in a report released on 11/20/2017.

Yesterday BankUnited (NYSE:BKU) traded -0.31% lower at $35.49. The company’s 50-day moving average is $33.31 and its 200-day moving average is $34.55. The last closing price is up 2.95% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Volume of trade was up over the average, with 1,188,118 shares of BKU changing hands over the typical 845,739

Performance Chart

BankUnited (NYSE:BKU)

With a total market value of $0, BankUnited has price-earnings ratio of 15.91 with a one year low of $28.13 and a one year high of $41.00 .

A total of 12 equity analysts have released a research note on BKU. Two equity analysts rating the company a strong buy, six firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $37.75.

About BankUnited (NYSE:BKU)

BankUnited, Inc. is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area. The Bank also provides a range of traditional banking products and services to both its commercial and retail customers. The Company offers a range of lending products, including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and mortgage warehouse lines of credit, letters of credit and consumer loans. It offers traditional deposit products, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a range of terms and rates.

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