UBS AG Reaches New 12-Month High at $20.91 (UBS)
UBS AG (NYSE:UBS)’s share price reached a new 52-week high on Friday, Stock Ratings Network.com reports. The company traded as high as $20.91 and last traded at $20.87, with a volume of 2,895,759 shares traded. The stock had previously closed at $20.72.
A number of research firms have recently commented on UBS. Analysts at Keefe, Bruyette & Woods upgraded shares of UBS AG (NYSE:UBS) from an “underperform” rating to a “market perform” rating in a research note to investors on Thursday, August 1st. Separately, analysts at Deutsche Bank upgraded shares of UBS AG (NYSE:UBS) to a “buy” rating in a research note to investors on Monday, July 8th. Finally, analysts at Zacks reiterated an “underperform” rating on shares of UBS AG (NYSE:UBS) in a research note to investors on Thursday, July 4th. They now have a $15.00 price target on the stock.
Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. UBS AG presently has an average rating of “Hold” and an average price target of $20.69.
UBS AG has a one year low of $12.14 and a one year high of $20.88. The stock has a 50-day moving average of $20.11 and a 200-day moving average of $17.73. The company’s market cap is $78.633 billion.
UBS AG (NYSE:UBS) last released its earnings data on Tuesday, July 30th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.14. The company had revenue of $7.39 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 15.3% on a year-over-year basis.
UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.
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