UBS AG (NYSE:UBS) has received an average rating of “Hold” from the twelve ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company.

A number of brokerages have recently issued reports on UBS. Zacks Investment Research upgraded shares of UBS from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Friday, September 1st. Bank of America upgraded shares of UBS from a “neutral” rating to a “buy” rating in a report on Friday, November 10th. BidaskClub downgraded shares of UBS from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. ValuEngine downgraded shares of UBS from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Finally, BNP Paribas began coverage on shares of UBS in a report on Thursday, August 31st. They set an “outperform” rating for the company.

Shares of UBS (UBS) traded up $0.26 during trading on Friday, reaching $18.37. 2,904,737 shares of the company’s stock were exchanged, compared to its average volume of 2,032,374. The stock has a market cap of $69,772.71, a P/E ratio of 15.89, a P/E/G ratio of 0.92 and a beta of 1.22. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.21 and a current ratio of 1.21. UBS has a 52 week low of $15.10 and a 52 week high of $18.47.

Several institutional investors and hedge funds have recently added to or reduced their stakes in UBS. Mountain Capital Investment Advisors Inc acquired a new stake in shares of UBS in the second quarter worth approximately $118,000. Fiduciary Trust Co. acquired a new stake in shares of UBS in the second quarter worth approximately $136,000. Oppenheimer & Co. Inc. acquired a new stake in shares of UBS in the second quarter worth approximately $173,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of UBS by 36.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,468 shares of the bank’s stock worth $178,000 after acquiring an additional 2,809 shares during the last quarter. Finally, MAI Capital Management acquired a new position in UBS during the second quarter valued at approximately $197,000. 32.00% of the stock is currently owned by institutional investors and hedge funds.

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UBS 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.

Analyst Recommendations for UBS (NYSE:UBS)

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