UBS Group AG (NYSE:UBS) Stock Has Consensus Price Target of $60.30

UBS Group AG (NYSE:UBS) has been given an average recommendation of “Hold” by the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $60.30.

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Wednesday, August 5th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Monday, June 29th. Citigroup restated a “neutral” rating on shares of UBS Group in a research report on Monday, July 20th. Finally, Zacks Research cut UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Miller Global Investments LLC purchased a new stake in shares of UBS Group during the 3rd quarter valued at approximately $133,000. Versant Capital Management Inc increased its stake in UBS Group by 2.2% during the third quarter. Versant Capital Management Inc now owns 24,041 shares of the bank’s stock worth $1,157,000 after acquiring an additional 509 shares during the last quarter. QRG Capital Management Inc. increased its stake in UBS Group by 19.2% during the second quarter. QRG Capital Management Inc. now owns 201,143 shares of the bank’s stock worth $9,969,000 after acquiring an additional 32,408 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of UBS Group by 9.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 8,511 shares of the bank’s stock valued at $422,000 after purchasing an additional 746 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of UBS Group in the 2nd quarter valued at $8,299,000.

UBS Group News Summary

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

• Positive Sentiment: UBS maintained a bullish $470 price target on Broadcom, citing strong demand for artificial-intelligence chips and an outlook extending through 2028. The call reinforces UBS’s investment-banking and research franchise, although it has no direct material effect on UBS’s earnings. UBS Maintains $470 Target on Broadcom After CEO Discussion on AI Chip Demand
• Positive Sentiment: Glencore completed an off-market repurchase of 3.48 million shares from UBS, highlighting UBS’s role in executing corporate transactions and potentially generating fee income. The financial impact is likely modest. Glencore Advances Share Buy-Back With Off-Market Repurchase From UBS
• Neutral Sentiment: UBS expects Canadian inflation to reach 3.3% in September and has increased its call for a Bank of Canada rate hike in October. The forecast may support fixed-income and trading activity, but it is not a company-specific catalyst. UBS Weighs in on Bank of Canada Rate Hike
• Neutral Sentiment: UBS reported that it ceased being a substantial holder of Cygnus Metals, a routine ownership disclosure with limited apparent impact on UBS’s valuation. UBS Ceases to Be Substantial Holder in Cygnus Metals
• Negative Sentiment: U.S. investor Artisan Partners urged UBS to leave Switzerland, arguing that proposed capital rules are punitive, excessive and could destroy shareholder value. The campaign increases pressure on management and raises uncertainty over potential relocation, restructuring costs and regulatory strategy. Artisan Urges UBS to Quit Switzerland Over Capital Rules
• Negative Sentiment: UBS is weighing how to respond politically and operationally to the capital-rule debate, including questions about whether parts of its headquarters or operations could move outside Switzerland. Such uncertainty can delay capital planning and constrain shareholder returns. Is Politics Driving UBS Out of Switzerland?
• Negative Sentiment: A UBS advisory team managing approximately $1.3 billion reportedly departed for Wells Fargo’s FiNet, creating a risk of lost client assets, fee revenue and employee-retention concerns. $1.3B UBS Team Departs for Wells Fargo’s FiNet

UBS Group Trading Up 0.3%

NYSE UBS opened at $47.73 on Tuesday. The stock has a market capitalization of $149.12 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 0.67 and a beta of 1.21. The stock has a 50-day moving average of $52.58 and a 200 day moving average of $48.18. UBS Group has a twelve month low of $36.29 and a twelve month high of $55.99.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, July 29th. The bank reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.03). UBS Group had a net margin of 13.10% and a return on equity of 10.50%. The company had revenue of $13.35 billion during the quarter, compared to analyst estimates of $13.40 billion. During the same quarter last year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. Equities analysts predict that UBS Group will post 3.84 EPS for the current fiscal year.

UBS Group Company Profile

UBS Group AG (NYSE:UBS) is a Switzerland-based global financial services company serving private, institutional and corporate clients. Its principal businesses include wealth management, asset management, investment banking, and personal and corporate banking in Switzerland.

Through its wealth management business, UBS provides investment advice, portfolio management, lending, estate planning and other financial solutions to high-net-worth and ultra-high-net-worth individuals and families.