The Goldman Sachs Group Reiterates Neutral Rating for UBS Group (NYSE:UBS)

UBS Group (NYSE:UBSGet Free Report)‘s stock had its “neutral” rating restated by equities research analysts at The Goldman Sachs Group in a note issued to investors on Friday, Marketbeat reports.

Several other brokerages also recently commented on UBS. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, January 21st. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Thursday, January 22nd. Zacks Research cut UBS Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Wall Street Zen raised UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, BNP Paribas Exane lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, UBS Group presently has an average rating of “Moderate Buy” and an average price target of $60.30.

Read Our Latest Report on UBS Group

UBS Group Price Performance

Shares of UBS opened at $43.93 on Friday. The stock has a market cap of $137.24 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 0.41 and a beta of 1.12. UBS Group has a 1 year low of $25.75 and a 1 year high of $49.36. The stock’s 50-day moving average price is $45.55 and its two-hundred day moving average price is $41.52. The company has a current ratio of 1.02, a quick ratio of 1.03 and a debt-to-equity ratio of 3.63.

UBS Group (NYSE:UBSGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.12. UBS Group had a net margin of 10.88% and a return on equity of 8.68%. The business had revenue of $12.20 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the firm earned $0.23 EPS. UBS Group’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, equities analysts predict that UBS Group will post 1.9 earnings per share for the current year.

Hedge Funds Weigh In On UBS Group

Institutional investors have recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC acquired a new position in shares of UBS Group during the 3rd quarter worth about $29,000. Navalign LLC acquired a new position in UBS Group during the fourth quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in UBS Group during the second quarter worth approximately $33,000. Larson Financial Group LLC raised its stake in UBS Group by 118.4% in the third quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after buying an additional 445 shares during the period. Finally, Private Trust Co. NA lifted its position in shares of UBS Group by 75.2% in the third quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock valued at $35,000 after buying an additional 366 shares during the last quarter.

Key Stories Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

About UBS Group

(Get Free Report)

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.

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Analyst Recommendations for UBS Group (NYSE:UBS)

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