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Raymond James Financial upgraded Union First Market Bankshares Corporation (NDAQ:UBSH) from Outperform to Strong Buy in a report released today.

Raymond James Financial has upgraded Union First Market Bankshares Corporation (NDAQ:UBSH) from Outperform to Strong Buy in a statement released on 5/25/2017.

On 05/24/2017, Keefe Bruyette Woods released a statement on Union First Market Bankshares Corporation (NDAQ:UBSH) upped the target price from $37.00 to $38.00 that suggested an upside of 0.12%.

Having a price of $33.89, Union First Market Bankshares Corporation (NDAQ:UBSH) traded 0.08% higher on the day. With the last close up 6.24% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. UBSH has recorded a 50-day average of $32.49 and a two hundred day average of $33.31. Trade Volume was down over the average, with 94,541 shares of UBSH changing hands under the typical 197,512

Recent Performance Chart

Union First Market Bankshares Corporation (NDAQ:UBSH)

Union First Market Bankshares Corporation has price-earnings ratio of 19.73 with a one year low of $26.46 and a one year high of $39.37 and has a total market value of $0.

A total of 6 equity analysts have released a ratings update on UBSH. Three equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $27.67.

More About Union First Market Bankshares Corporation (NDAQ:UBSH)

Union Bankshares Corporation is a financial holding company and bank holding company. The Company operates through two segments: a community bank segment and mortgage loan origination business segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates. The Company's non-bank financial services affiliates include Union Mortgage Group, Inc. (UMG), Union Insurance Group, LLC and Old Dominion Capital Management, Inc. The community bank segment included one subsidiary bank, which provided loan, deposit, investment, and trust services to retail and commercial customers throughout its 114 retail locations in Virginia, as of December 31, 2016. The mortgage segment includes UMG, which provides a range of mortgage loan products principally in Virginia, North Carolina, Maryland, and the Washington D.C. metro area.

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