UBank Stock Rises Amid Moderate Buy Rating and Institutional Inflows

United Community Banks Inc (UCB) has received an average recommendation of 'Moderate Buy' from eight brokerage firms covering the company, according to MarketBeat.com.

Three equities research analysts have rated UCB with a hold rating, four have assigned a buy rating, and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $38.80.

Institutional investors have been adding to their stakes in UCB, with Royal Bank of Canada boosting its holdings by 7% in the first quarter, and AQR Capital Management LLC increasing its holdings by 176% during the same period.