Positive Press Coverage Somewhat Unlikely to Impact UBS AG (UBS) Share Price
Headlines about UBS AG (NYSE:UBS) have been trending positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. UBS AG earned a media sentiment score of 0.34 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.79916200214 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s rankings:
- TriCo Bancshares (TCBK) Shares Sold by UBS Group AG (wisdomsave.com)
- Pilotless Planes Could be Here Sooner Than You Think (finance.yahoo.com)
- UBS’s Emanuel Says Risks Perception Is Very, Very Low (finance.yahoo.com)
- UBS Dividend Ruler Stocks Keep Raising Payouts: 4 to Buy Now (feedproxy.google.com)
- Novartis AG (NOVN) PT Set at CHF 88 by Morgan Stanley (forextv.com)
A number of equities research analysts have commented on UBS shares. BidaskClub downgraded UBS AG from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Morgan Stanley restated a “buy” rating on shares of UBS AG in a research report on Tuesday, July 18th. J P Morgan Chase & Co restated a “neutral” rating on shares of UBS AG in a research report on Monday, May 29th. Zacks Investment Research downgraded UBS AG from a “strong-buy” rating to a “hold” rating and set a $20.00 target price on the stock. in a research report on Thursday, July 13th. Finally, Rafferty Capital Markets downgraded UBS AG from a “buy” rating to a “hold” rating in a research report on Saturday, April 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $17.14.
UBS AG (NYSE UBS) traded up 0.46% during midday trading on Wednesday, hitting $17.31. The company had a trading volume of 1,269,017 shares. The firm has a market cap of $64.33 billion, a price-to-earnings ratio of 16.30 and a beta of 1.24. The stock has a 50 day moving average of $17.25 and a 200 day moving average of $16.39. UBS AG has a 52-week low of $12.86 and a 52-week high of $18.31.
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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.
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