UBS Group AG (UBSG) Given Consensus Recommendation of “Buy” by Brokerages
Shares of UBS Group AG (VTX:UBSG) have received a consensus rating of “Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is CHF 18.67.
UBSG has been the subject of several recent research reports. Deutsche Bank AG restated a “neutral” rating on shares of UBS Group AG in a report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) set a CHF 20.20 target price on shares of UBS Group AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. HSBC Holdings plc set a CHF 20 target price on shares of UBS Group AG and gave the stock a “buy” rating in a report on Friday, August 11th. Credit Suisse Group set a CHF 17 target price on shares of UBS Group AG and gave the stock a “neutral” rating in a report on Monday, July 31st. Finally, J P Morgan Chase & Co set a CHF 19 target price on shares of UBS Group AG and gave the stock a “buy” rating in a report on Monday, June 26th.
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Shares of UBS Group AG (UBSG) opened at 15.57 on Friday. The firm’s 50 day moving average is CHK 17.00 and its 200-day moving average is CHK 16.63. UBS Group AG has a 52 week low of CHK 12.44 and a 52 week high of CHK 17.73. The firm has a market cap of CHK 59.98 billion and a price-to-earnings ratio of 15.18.
UBS Group AG Company Profile
UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.
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