Analysts Set UBS Group AG (NYSE:UBS) PT at $60.30

Shares of UBS Group AG (NYSE:UBSGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $60.30.

UBS has been the topic of several recent analyst reports. Bank of America raised UBS Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $44.00 to $60.30 in a research report on Tuesday, December 16th. Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research report on Wednesday. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research report on Monday, November 24th. Finally, BNP Paribas Exane cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th.

View Our Latest Analysis on UBS

UBS Group News Summary

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

Institutional Trading of UBS Group

Several large investors have recently added to or reduced their stakes in the company. Maseco LLP purchased a new position in shares of UBS Group in the second quarter worth about $28,000. Flagship Wealth Advisors LLC acquired a new position in UBS Group in the 3rd quarter worth approximately $29,000. Twin Peaks Wealth Advisors LLC purchased a new position in UBS Group during the 2nd quarter worth approximately $33,000. Larson Financial Group LLC lifted its stake in UBS Group by 118.4% during the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after acquiring an additional 445 shares during the period. Finally, Private Trust Co. NA boosted its holdings in shares of UBS Group by 75.2% in the 3rd quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock valued at $35,000 after acquiring an additional 366 shares during the last quarter.

UBS Group Price Performance

Shares of UBS opened at $47.50 on Thursday. The company has a market cap of $148.39 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 0.44 and a beta of 1.12. UBS Group has a twelve month low of $25.75 and a twelve month high of $48.43. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.69. The company has a 50 day moving average of $43.73 and a two-hundred day moving average of $40.76.

UBS Group (NYSE:UBSGet Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The business had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $9.68 billion. UBS Group had a return on equity of 8.31% and a net margin of 11.02%.The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 earnings per share. As a group, analysts predict that UBS Group will post 1.9 earnings per share for the current fiscal year.

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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