Shares of UBS AG (NYSE:UBS) have earned an average rating of “Hold” from the fourteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $17.14.

A number of research firms have issued reports on UBS. Rafferty Capital Markets downgraded shares of UBS AG from a “buy” rating to a “hold” rating in a research report on Saturday, April 22nd. BidaskClub upgraded shares of UBS AG from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Zacks Investment Research upgraded shares of UBS AG from a “sell” rating to a “hold” rating and set a $19.00 target price on the stock in a research report on Wednesday, May 10th. J P Morgan Chase & Co upgraded shares of UBS AG from a “neutral” rating to an “overweight” rating in a research report on Monday, June 26th. Finally, Morgan Stanley restated a “buy” rating on shares of UBS AG in a research report on Tuesday, July 18th.

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Hedge funds have recently made changes to their positions in the stock. Capital One National Association increased its stake in shares of UBS AG by 6.0% in the first quarter. Capital One National Association now owns 33,270 shares of the bank’s stock worth $531,000 after buying an additional 1,876 shares in the last quarter. British Airways Pensions Investment Management Ltd increased its stake in shares of UBS AG by 1.8% in the first quarter. British Airways Pensions Investment Management Ltd now owns 1,009,717 shares of the bank’s stock worth $16,162,000 after buying an additional 17,770 shares in the last quarter. OLD National Bancorp IN increased its stake in shares of UBS AG by 18.1% in the first quarter. OLD National Bancorp IN now owns 30,990 shares of the bank’s stock worth $494,000 after buying an additional 4,745 shares in the last quarter. Tocqueville Asset Management L.P. increased its stake in shares of UBS AG by 76.7% in the first quarter. Tocqueville Asset Management L.P. now owns 1,413,619 shares of the bank’s stock worth $22,547,000 after buying an additional 613,730 shares in the last quarter. Finally, Greenleaf Trust purchased a new stake in shares of UBS AG during the first quarter worth $249,000. Institutional investors and hedge funds own 26.32% of the company’s stock.

UBS AG (UBS) remained flat at $17.05 during mid-day trading on Friday. The company had a trading volume of 1,157,410 shares. The stock has a market capitalization of $63.37 billion, a PE ratio of 16.05 and a beta of 1.24. The company’s 50-day moving average price is $17.40 and its 200 day moving average price is $16.41. UBS AG has a one year low of $12.86 and a one year high of $18.31.

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.

Analyst Recommendations for UBS AG (NYSE:UBS)

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