UBS Group AG (UBSG) Given a CHF 20 Price Target by HSBC Holdings plc Analysts
UBS Group AG (VTX:UBSG) has been assigned a CHF 20 price target by HSBC Holdings plc in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.
Several other equities research analysts have also recently issued reports on UBSG. Citigroup Inc. reiterated a “buy” rating on shares of UBS Group AG in a research note on Thursday, August 10th. Deutsche Bank AG set a CHF 16.50 price objective on shares of UBS Group AG and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Morgan Stanley set a CHF 20 price objective on shares of UBS Group AG and gave the company a “buy” rating in a research report on Monday, October 2nd. Credit Suisse Group set a CHF 17 price objective on shares of UBS Group AG and gave the company a “neutral” rating in a research report on Monday, July 31st. Finally, BNP Paribas set a CHF 19.70 price objective on shares of UBS Group AG and gave the company a “buy” rating in a research report on Thursday, August 31st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of CHF 18.74.
UBS Group AG (UBSG) opened at 16.91 on Thursday. The firm has a market cap of CHK 62.85 billion and a P/E ratio of 16.48. UBS Group AG has a 1-year low of CHK 12.97 and a 1-year high of CHK 17.73. The firm’s 50-day moving average price is CHK 17.06 and its 200-day moving average price is CHK 16.83.
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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