Somewhat Favorable News Coverage Somewhat Unlikely to Impact CU Bancorp (CUNB) Stock Price

News articles about CU Bancorp (NASDAQ:CUNB) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CU Bancorp earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.2650373929869 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

CU Bancorp (NASDAQ:CUNB) remained flat at $37.50 on Monday. The company had a trading volume of 438,942 shares. The firm’s 50 day moving average is $37.17 and its 200 day moving average is $36.76. CU Bancorp has a 1-year low of $22.60 and a 1-year high of $40.30. The stock has a market capitalization of $657.19 million, a PE ratio of 22.31 and a beta of 0.72.

Several research analysts have weighed in on CUNB shares. Zacks Investment Research lowered CU Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. BidaskClub lowered CU Bancorp from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $42.00 price target on shares of CU Bancorp in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $41.50.

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About CU Bancorp

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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