Analysis and Insights
News and Fundamental Analysis:
- Analyst Target Price: United Bankshares Inc (UBSI) has an average analyst target price of $42.40, representing a 20.35% upside from its current price of $35.23.
- Dividend Strength: UBSI has a strong dividend history, with a flawless payment record and consistent increases over time. The annualized dividend is $1.48 per share.
- Recent Dividend Declaration: The company declared a first-quarter dividend of $0.37 per share, payable on April 1, 2025.
Technical Analysis:
- RSI (6-period): 26.95, indicating oversold conditions and potential for a rebound.
- MACD: -0.80, showing bearish momentum but nearing a potential bullish crossover.
- Bollinger Bands: The stock is near the lower band, suggesting undervaluation and potential upside.
Price Prediction and Recommendation:
Based on the analysis, UBSI is expected to reach $36.50 in the next trading week. The combination of oversold RSI, approaching Fibonacci resistance levels, and strong analyst sentiment suggests a bullish outlook.
Recommendation: Buy UBSI at the current price level, targeting $36.50, with a stop-loss below $34.26.
Analysis and Insights
News and Fundamental Analysis:
- Analyst Target Price: United Bankshares Inc (UBSI) has an average analyst target price of $42.40, representing a 20.35% upside from its current price of $35.23.
- Dividend Strength: UBSI has a strong dividend history, with a flawless payment record and consistent increases over time. The annualized dividend is $1.48 per share.
- Recent Dividend Declaration: The company declared a first-quarter dividend of $0.37 per share, payable on April 1, 2025.
Technical Analysis:
- RSI (6-period): 26.95, indicating oversold conditions and potential for a rebound.
- MACD: -0.80, showing bearish momentum but nearing a potential bullish crossover.
- Bollinger Bands: The stock is near the lower band, suggesting undervaluation and potential upside.
Price Prediction and Recommendation:
Based on the analysis, UBSI is expected to reach $36.50 in the next trading week. The combination of oversold RSI, approaching Fibonacci resistance levels, and strong analyst sentiment suggests a bullish outlook.
Recommendation: Buy UBSI at the current price level, targeting $36.50, with a stop-loss below $34.26.