United Bankshares gets 'neutral' rating as Piper Sandler resumes coverage

Piper Sandler Companies

12/03/2025 16:06

** Piper Sandler resumes coverage of United Bankshares UBSI.O with a "neutral" rating and a PT of $38.50, a 13% upside to the stock's last close

** Regional lender's focus on operational efficiency and disciplined underwriting makes it a reliable, income-generating investment - brokerage

** Brokerage sees M&A as an attractive growth strategy for the bank and one in which it has demonstrated expertise

** There could be an opportunity for an upside to valuation in the future when investor concerns around the Washington metropolitan area subside, given the cost-cutting efforts by the Trump administration - Piper Sandler

** UBSI has a significant footprint in key metropolitan areas, including Washington, D.C. - brokerage

** One of six brokerages rates the stock "buy" and five "hold"; with a median PT of $42, according to data compiled by LSEG

** UBSI stock down 9% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))