UBS Group AG (UBSG) Receives Average Rating of “Hold” from Brokerages
Shares of UBS Group AG (VTX:UBSG) have been assigned a consensus recommendation of “Hold” from the sixteen analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is CHF 19.82.
A number of research analysts recently issued reports on the stock. Goldman Sachs set a CHF 21.20 price target on shares of UBS Group and gave the company a “neutral” rating in a research report on Friday. Credit Suisse Group set a CHF 22 price target on shares of UBS Group and gave the company a “buy” rating in a research report on Thursday, January 18th. Royal Bank of Canada set a CHF 20 target price on shares of UBS Group and gave the stock a “neutral” rating in a report on Friday, January 5th. Barclays set a CHF 15.80 target price on shares of UBS Group and gave the stock a “sell” rating in a report on Tuesday, January 16th. Finally, JPMorgan Chase set a CHF 20 target price on shares of UBS Group and gave the stock a “buy” rating in a report on Monday, January 22nd.
Shares of VTX UBSG opened at CHF 17.64 on Friday. UBS Group has a 1 year low of CHF 15.11 and a 1 year high of CHF 19.76.
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UBS Group 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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