UBS Group AG (NYSE:UBS) Given Average Rating of “Hold” by Brokerages

UBS Group AG (NYSE:UBSGet Free Report) has earned an average rating of “Hold” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $60.30.

UBS has been the topic of a number of analyst reports. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Monday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research report on Thursday, July 2nd.

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UBS Group Trading Up 0.7%

NYSE UBS opened at $52.71 on Thursday. The stock has a 50-day simple moving average of $49.46 and a 200 day simple moving average of $45.12. The company has a market capitalization of $164.67 billion, a PE ratio of 18.89, a P/E/G ratio of 0.81 and a beta of 1.19. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. UBS Group has a 12 month low of $35.94 and a 12 month high of $55.15.

UBS Group (NYSE:UBSGet Free Report) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. Research analysts forecast that UBS Group will post 3.51 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Whipplewood Advisors LLC bought a new stake in shares of UBS Group in the first quarter worth about $25,000. MidFirst Bank acquired a new stake in shares of UBS Group during the fourth quarter worth about $30,000. Robinswood Financial LLC bought a new position in shares of UBS Group during the 1st quarter valued at about $31,000. Navalign LLC bought a new position in shares of UBS Group during the 4th quarter valued at about $32,000. Finally, Larson Financial Group LLC grew its position in shares of UBS Group by 118.4% in the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after purchasing an additional 445 shares during the period.

About UBS Group

(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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