UBS Group AG (NYSE:UBS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of UBS Group AG (NYSE:UBS) have been assigned an average recommendation of “Hold” from the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $60.30.

Several brokerages recently issued reports on UBS. Keefe, Bruyette & Woods cut UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a research note on Wednesday, May 13th. Citigroup restated a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Finally, Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd.

UBS Group News Summary

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: The IMF gave strong backing to Switzerland’s capital plan for UBS, which may reduce uncertainty around the final shape of the new rules and ease concerns about a more restrictive regulatory outcome. Swiss government’s capital plan for UBS Group receives IMF praise
• Positive Sentiment: Reuters reported that UBS CEO Sergio Ermotti said the capital debate will take competitiveness into account, suggesting policymakers may balance tougher banking safeguards with UBS’s ability to compete globally. UBS CEO says capital debate will consider competitiveness concerns
• Neutral Sentiment: UBS was also mentioned in a value-stock article highlighting its profitability and earnings power, but this appears more like a general recognition of fundamentals than a new stock-moving catalyst. 5 Most Profitable Value Stocks to Invest In Now

UBS Group Stock Performance

UBS Group stock opened at $49.88 on Friday. The stock has a market cap of $155.84 billion, a P/E ratio of 17.88, a price-to-earnings-growth ratio of 0.83 and a beta of 1.19. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. The stock has a 50 day moving average of $46.37 and a 200-day moving average of $44.23. UBS Group has a 52 week low of $32.69 and a 52 week high of $51.24.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. On average, analysts expect that UBS Group will post 3.33 EPS for the current fiscal year.

Hedge Funds Weigh In On UBS Group

Several large investors have recently added to or reduced their stakes in UBS. Norges Bank bought a new stake in UBS Group in the fourth quarter valued at $4,889,413,000. Wellington Management Group LLP lifted its stake in UBS Group by 254.9% in the third quarter. Wellington Management Group LLP now owns 63,671,310 shares of the bank’s stock valued at $2,601,589,000 after buying an additional 45,731,061 shares during the last quarter. Viking Global Investors LP lifted its stake in UBS Group by 407.5% in the third quarter. Viking Global Investors LP now owns 13,096,560 shares of the bank’s stock valued at $534,852,000 after buying an additional 10,516,148 shares during the last quarter. Ninety One UK Ltd bought a new stake in UBS Group in the fourth quarter valued at $411,917,000. Finally, Bank of Montreal Can lifted its stake in UBS Group by 248.7% in the third quarter. Bank of Montreal Can now owns 9,325,276 shares of the bank’s stock valued at $380,782,000 after buying an additional 6,650,862 shares during the last quarter.

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.