Brokerages Set UBS Group AG (NYSE:UBS) PT at $60.30

UBS Group AG (NYSE:UBS) has been given a consensus recommendation of “Hold” by the eleven analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $60.30.

UBS has been the topic of several recent research reports. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a report on Thursday, April 23rd. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Finally, Weiss Ratings lowered shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th.

Trending Headlines about UBS Group

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

• Positive Sentiment: UBS continues to appear well-positioned on profitability, with an article highlighting it as one of the most profitable value stocks and citing strong trailing-twelve-month net income of $9.12 billion. 5 Most Profitable Value Stocks to Invest In Now
• Positive Sentiment: The IMF gave strong backing to Switzerland’s capital plan for UBS, which could reduce uncertainty around future regulatory requirements and bolster confidence in the bank’s balance-sheet strength. Swiss government’s capital plan for UBS Group receives IMF praise
• Neutral Sentiment: UBS has also been active on the analyst and research front, including coverage of names like Broadcom, T-Mobile, Six Flags, and Veritone, but these items are more about UBS’s market commentary than a direct catalyst for UBS shares. UBS Maintains Buy Rating on Broadcom (AVGO) Stock
• Neutral Sentiment: UBS also urged investors to build more resilient portfolios, a message that underscores a cautious macro tone rather than a clearly stock-moving company-specific development. UBS Group (SWX:UBSG) Urges Investors To Build More Resilient Portfolios

Institutional Investors Weigh In On UBS Group

A number of hedge funds have recently made changes to their positions in the business. Landesbank Baden Wuerttemberg raised its stake in UBS Group by 13.4% during the 1st quarter. Landesbank Baden Wuerttemberg now owns 79,900 shares of the bank’s stock valued at $3,065,000 after acquiring an additional 9,460 shares in the last quarter. Rathbones Group PLC boosted its position in UBS Group by 1.0% during the 1st quarter. Rathbones Group PLC now owns 1,220,034 shares of the bank’s stock worth $46,654,000 after acquiring an additional 12,534 shares during the period. Robinswood Financial LLC acquired a new position in UBS Group during the 1st quarter worth $31,000. Parallel Advisors LLC boosted its position in UBS Group by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,278 shares of the bank’s stock worth $636,000 after acquiring an additional 632 shares during the period. Finally, Groupama Asset Managment boosted its position in UBS Group by 87.9% during the 1st quarter. Groupama Asset Managment now owns 288,118 shares of the bank’s stock worth $11,257,000 after acquiring an additional 134,767 shares during the period.

UBS Group Trading Down 1.6%

NYSE:UBS opened at $49.14 on Friday. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23. The business’s 50 day moving average is $46.49 and its two-hundred day moving average is $44.26. UBS Group has a 52 week low of $33.26 and a 52 week high of $51.24. The company has a market cap of $153.52 billion, a PE ratio of 17.61, a P/E/G ratio of 0.82 and a beta of 1.19.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. On average, analysts predict that UBS Group will post 3.33 EPS for the current year.

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.