BNP Paribas Analysts Give UBS Group AG (UBSG) a CHF 19.70 Price Target
A number of other brokerages have also recently weighed in on UBSG. HSBC Holdings plc set a CHF 20 price objective on shares of UBS Group AG and gave the stock a buy rating in a research note on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a CHF 19.80 price objective on shares of UBS Group AG and gave the stock a neutral rating in a research note on Wednesday, July 12th. Citigroup Inc. restated a buy rating on shares of UBS Group AG in a research note on Thursday, August 10th. Credit Suisse Group set a CHF 17 price objective on shares of UBS Group AG and gave the stock a neutral rating in a research note on Monday, July 31st. Finally, Morgan Stanley restated a buy rating on shares of UBS Group AG in a research note on Tuesday, July 4th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of CHF 18.67.
Shares of UBS Group AG (VTX UBSG) opened at 15.80 on Thursday. The firm has a market capitalization of CHK 60.87 billion and a price-to-earnings ratio of 15.40. UBS Group AG has a 12-month low of CHK 12.44 and a 12-month high of CHK 17.73. The company’s 50-day moving average is CHK 17.07 and its 200-day moving average is CHK 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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