UBS Group AG (NYSE:UBS) Receives Average Rating of “Moderate Buy” from Analysts

UBS Group AG (NYSE:UBS) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $60.30.

A number of analysts recently weighed in on the stock. Bank of America upgraded shares of UBS Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $44.00 to $60.30 in a research report on Tuesday, December 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, October 8th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Zacks Research raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. Finally, BNP Paribas cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th.

UBS Group Stock Up 0.1%

Shares of NYSE:UBS opened at $47.26 on Friday. UBS Group has a one year low of $25.75 and a one year high of $47.31. The company has a 50 day moving average of $40.21 and a 200-day moving average of $38.75. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $151.52 billion, a price-to-earnings ratio of 21.29, a P/E/G ratio of 0.57 and a beta of 1.13.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 29th. The bank reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The firm had revenue of $12.76 billion during the quarter, compared to analyst estimates of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. On average, sell-side analysts forecast that UBS Group will post 1.9 earnings per share for the current year.

Institutional Trading of UBS Group

Several hedge funds have recently bought and sold shares of UBS. Parallel Advisors LLC raised its stake in shares of UBS Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank’s stock worth $611,000 after purchasing an additional 271 shares in the last quarter. Checchi Capital Advisers LLC increased its holdings in UBS Group by 1.2% during the third quarter. Checchi Capital Advisers LLC now owns 24,868 shares of the bank’s stock worth $1,020,000 after buying an additional 287 shares during the last quarter. Allworth Financial LP raised its position in UBS Group by 4.2% during the third quarter. Allworth Financial LP now owns 7,115 shares of the bank’s stock worth $292,000 after acquiring an additional 288 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in UBS Group by 1.1% in the second quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank’s stock valued at $885,000 after acquiring an additional 290 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of UBS Group by 3.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,877 shares of the bank’s stock valued at $405,000 after acquiring an additional 301 shares during the period.

UBS Group Company Profile

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.