UBS Group AG (NYSE:UBS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of UBS Group AG (NYSE:UBSGet Free Report) have earned an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $60.30.

A number of equities analysts recently commented on UBS shares. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. BNP Paribas Exane lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. Bank of America raised UBS Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $44.00 to $60.30 in a research report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th.

Get Our Latest Report on UBS

Hedge Funds Weigh In On UBS Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of UBS Group by 73.9% in the 1st quarter. AQR Capital Management LLC now owns 62,912 shares of the bank’s stock worth $1,927,000 after buying an additional 26,728 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in UBS Group by 18.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,518 shares of the bank’s stock worth $137,000 after purchasing an additional 708 shares during the period. NewEdge Advisors LLC increased its stake in shares of UBS Group by 3.1% during the first quarter. NewEdge Advisors LLC now owns 41,772 shares of the bank’s stock valued at $1,279,000 after purchasing an additional 1,267 shares in the last quarter. Focus Partners Wealth increased its stake in shares of UBS Group by 11.6% during the first quarter. Focus Partners Wealth now owns 14,111 shares of the bank’s stock valued at $432,000 after purchasing an additional 1,469 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of UBS Group by 62.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after purchasing an additional 573 shares during the last quarter.

Key Headlines Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

UBS Group Stock Performance

Shares of NYSE:UBS opened at $47.47 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.69. The company has a 50-day moving average price of $43.39 and a 200-day moving average price of $40.58. The company has a market cap of $148.29 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 0.44 and a beta of 1.12. UBS Group has a 12 month low of $25.75 and a 12 month high of $48.43.

UBS Group (NYSE:UBSGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a return on equity of 8.31% and a net margin of 11.02%.The company had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $9.68 billion. During the same quarter in the previous year, the business earned $0.43 EPS. UBS Group’s revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts anticipate that UBS Group will post 1.9 EPS for the current year.

UBS Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for UBS Group (NYSE:UBS)

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