UBS Group (NYSE:UBS) Lifted to Hold at ValuEngine
Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of UBS Group from a “hold” rating to a “sell” rating and set a $10.00 price objective for the company. in a research note on Monday, July 15th. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Tuesday. Deutsche Bank reissued a “neutral” rating on shares of UBS Group in a research report on Friday, August 30th. Exane BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a research note on Friday, August 30th. Finally, DZ Bank reaffirmed a “sell” rating on shares of UBS Group in a research report on Wednesday, August 21st. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $12.50.
Shares of NYSE:UBS traded up $0.35 during trading on Tuesday, hitting $11.49. 4,977,339 shares of the company were exchanged, compared to its average volume of 3,090,477. The firm’s 50 day moving average price is $10.84 and its 200-day moving average price is $11.88. UBS Group has a 12-month low of $10.12 and a 12-month high of $16.68. The company has a debt-to-equity ratio of 3.54, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market capitalization of $39.82 billion, a P/E ratio of 8.15, a PEG ratio of 1.89 and a beta of 1.21.
A number of institutional investors have recently modified their holdings of the business. Advisory Services Network LLC boosted its stake in shares of UBS Group by 56.3% during the second quarter. Advisory Services Network LLC now owns 2,686 shares of the bank’s stock worth $32,000 after buying an additional 968 shares during the period. Citizens Financial Group Inc RI raised its stake in shares of UBS Group by 71.7% during the first quarter. Citizens Financial Group Inc RI now owns 4,101 shares of the bank’s stock worth $50,000 after purchasing an additional 1,713 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of UBS Group by 22.0% during the first quarter. Parallel Advisors LLC now owns 5,093 shares of the bank’s stock worth $62,000 after purchasing an additional 919 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of UBS Group by 304.2% during the second quarter. AdvisorNet Financial Inc now owns 5,255 shares of the bank’s stock worth $62,000 after purchasing an additional 3,955 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of UBS Group by 22.9% during the second quarter. Tower Research Capital LLC TRC now owns 6,131 shares of the bank’s stock worth $72,000 after purchasing an additional 1,142 shares during the period. 34.29% of the stock is currently owned by institutional investors.
About UBS Group
UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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