UBS Group AG (NYSE:UBS) Given Average Rating of “Moderate Buy” by Brokerages

Shares of UBS Group AG (NYSE:UBS) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages recently issued reports on UBS. Bank of America upgraded UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Wednesday, June 11th. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Wedbush restated a “neutral” rating on shares of UBS Group in a report on Tuesday, May 27th. Finally, Jefferies Financial Group upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Tuesday, June 3rd.

Institutional Trading of UBS Group

Large investors have recently bought and sold shares of the company. City Holding Co. bought a new stake in UBS Group during the 1st quarter valued at approximately $25,000. Grove Bank & Trust bought a new stake in UBS Group during the 1st quarter valued at approximately $28,000. Maseco LLP bought a new stake in shares of UBS Group in the 2nd quarter worth approximately $28,000. Headlands Technologies LLC bought a new stake in shares of UBS Group in the 4th quarter worth approximately $33,000. Finally, Quarry LP bought a new stake in shares of UBS Group in the 1st quarter worth approximately $37,000.

UBS Group Stock Down 1.8%

UBS opened at $36.67 on Thursday. The company has a market cap of $117.58 billion, a P/E ratio of 19.40, a P/E/G ratio of 0.66 and a beta of 1.18. The business’s 50-day moving average price is $34.14 and its 200-day moving average price is $32.74. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 3.77. UBS Group has a 12 month low of $25.75 and a 12 month high of $38.42.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. The company had revenue of $11.55 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the previous year, the business earned $0.34 EPS. On average, equities analysts expect that UBS Group will post 1.9 EPS for the current year.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.