Positive Press Coverage Somewhat Unlikely to Affect UBS AG (UBS) Stock Price
Press coverage about UBS AG (NYSE:UBS) has been trending positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. UBS AG earned a news impact score of 0.25 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 46.0004264383597 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Goldman Sachs BDC (GSBD) & UBS AG (UBS) Financial Analysis (americanbankingnews.com)
- Nasdaq, S&P 500 Make It Seven In A Row; Netflix Jumps On UBS Note (feedproxy.google.com)
- Buy Netflix before earnings because subscriber growth will top Street: UBS (cnbc.com)
- Commerzbank, other banks join UBS and IBM trade finance blockchain – Reuters (reuters.com)
UBS AG (NYSE:UBS) traded up 1.30% during trading on Thursday, hitting $17.17. 1,249,672 shares of the company were exchanged. UBS AG has a 1-year low of $13.21 and a 1-year high of $18.31. The stock has a market capitalization of $63.81 billion, a PE ratio of 15.85 and a beta of 1.26. The firm’s 50 day moving average price is $16.73 and its 200-day moving average price is $16.63.
A number of analysts have weighed in on the stock. Morgan Stanley restated a “buy” rating on shares of UBS AG in a research note on Tuesday, July 18th. Zacks Investment Research lowered shares of UBS AG from a “strong-buy” rating to a “hold” rating and set a $20.00 price target for the company. in a research note on Thursday, July 13th. BidaskClub lowered shares of UBS AG from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Instinet lowered shares of UBS AG from a “buy” rating to a “neutral” rating in a research note on Sunday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $19.00.
TRADEMARK VIOLATION NOTICE: “Positive Press Coverage Somewhat Unlikely to Affect UBS AG (UBS) Stock Price” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/positive-press-coverage-somewhat-unlikely-to-affect-ubs-ag-ubs-stock-price/1611244.html.
UBS AG Company Profile
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.
Receive News & Ratings for UBS AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS AG and related companies with Analyst Ratings Network's FREE daily email newsletter.