UBS Group AG (UBSG) Given Average Rating of “Buy” by Brokerages
UBS Group AG (VTX:UBSG) has been given an average recommendation of “Buy” by the nine research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is CHF 18.86.
UBSG has been the subject of a number of recent analyst reports. Morgan Stanley set a CHF 20 target price on UBS Group AG and gave the company a “buy” rating in a research report on Monday, October 2nd. Deutsche Bank AG reiterated a “neutral” rating on shares of UBS Group AG in a research report on Thursday, July 20th. Societe Generale set a CHF 18 target price on UBS Group AG and gave the company a “buy” rating in a research report on Monday, September 11th. Goldman Sachs Group, Inc. (The) set a CHF 19.80 target price on UBS Group AG and gave the company a “neutral” rating in a research report on Tuesday. Finally, HSBC Holdings plc set a CHF 20 target price on UBS Group AG and gave the company a “buy” rating in a research report on Thursday, October 12th.
UBS Group AG (VTX:UBSG) opened at 17.08 on Friday. UBS Group AG has a one year low of CHK 12.97 and a one year high of CHK 17.73. The firm’s 50 day moving average price is CHK 16.80 and its 200-day moving average price is CHK 16.49. The company has a market capitalization of CHK 63.48 billion and a PE ratio of 16.65.
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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