UBS Group AG (UBSG) PT Set at CHF 20 by HSBC Holdings plc
UBS Group AG (VTX:UBSG) has been given a CHF 20 price objective by equities researchers at HSBC Holdings plc in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock.
Other equities analysts have also recently issued research reports about the company. Morgan Stanley restated a “buy” rating on shares of UBS Group AG in a research report on Tuesday, July 4th. J P Morgan Chase & Co set a CHF 19 price target on UBS Group AG and gave the company a “buy” rating in a research report on Monday, June 26th. BNP Paribas set a CHF 19.70 price target on UBS Group AG and gave the company a “buy” rating in a research report on Thursday, August 31st. Citigroup Inc. restated a “buy” rating on shares of UBS Group AG in a research report on Thursday, August 10th. Finally, Societe Generale set a CHF 18 price target on UBS Group AG and gave the company a “buy” rating in a research report on Monday, September 11th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of CHF 18.74.
UBS Group AG (VTX UBSG) opened at 16.70 on Thursday. The stock has a 50 day moving average price of CHK 17.07 and a 200-day moving average price of CHK 16.81. UBS Group AG has a one year low of CHK 12.97 and a one year high of CHK 17.73. The firm has a market capitalization of CHK 62.07 billion and a price-to-earnings ratio of 16.28.
About UBS Group AG
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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