News coverage about CU Bancorp (CA) (NASDAQ:CUNB) has trended somewhat positive recently, Alpha One Sentiment reports. The research firm, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CU Bancorp (CA) earned a coverage optimism score of 0.04 on Alpha One’s scale. Alpha One also gave press coverage about the financial services provider an impact score of 23 out of 100, meaning that recent press coverage is very unlikely to have an impact on the stock’s share price in the next few days.
A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of CU Bancorp (CA) from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Thursday, June 8th. FIG Partners upgraded shares of CU Bancorp (CA) from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 2nd. Raymond James Financial, Inc. upgraded shares of CU Bancorp (CA) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 8th. Finally, DA Davidson lowered shares of CU Bancorp (CA) from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $42.00 to $43.00 in a research note on Friday, April 7th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $41.00.
CU Bancorp (NASDAQ:CUNB) traded down 0.14% on Friday, reaching $36.90. 287,854 shares of the company were exchanged. The firm has a 50-day moving average of $36.86 and a 200 day moving average of $36.53. CU Bancorp has a 12-month low of $22.10 and a 12-month high of $40.30. The firm has a market capitalization of $646.56 million, a P/E ratio of 23.65 and a beta of 0.69.
CU Bancorp (CA) (NASDAQ:CUNB) last released its quarterly earnings results on Thursday, April 27th. The financial services provider reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.03. CU Bancorp (CA) had a net margin of 24.25% and a return on equity of 8.83%. The business had revenue of $29.03 million for the quarter, compared to the consensus estimate of $28.83 million. On average, equities analysts predict that CU Bancorp will post $1.77 earnings per share for the current year.
About CU Bancorp (CA)
CU Bancorp is the bank holding company of California United Bank (the Bank). The Bank is a full-service commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community.
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