In a report released yesterday, Anke Reingen from RBC Capital maintained a Buy rating on UBS Group AG (UBS – Research Report), with a price target of CHF19.00. The company’s shares closed last Tuesday at $15.75.
According to TipRanks.com, Reingen is ranked #1004 out of 7907 analysts.
Currently, the analyst consensus on UBS Group AG is a Strong Buy with an average price target of $22.29, which is a 44.5% upside from current levels. In a report issued on July 1, Credit Suisse also maintained a Buy rating on the stock with a CHF23.00 price target.
See the top stocks recommended by analysts >>
UBS Group AG’s market cap is currently $50.46B and has a P/E ratio of 6.97.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UBS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
UBS Group AG is a multinational investment bank and financial services company based out of Switzerland. It provides Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Banking services to the private, institutional and corporate clients worldwide.
Read More on UBS:
- RBC Capital Maintains Their Hold Rating on Deutsche Bank AG (DB)
- UBS Group AG (UBS) Gets a Buy Rating from Jefferies
- Stifel Nicolaus Downgrades Nordex (NRDXF) to Hold
- TipRanks News Bites: Making Sense of Factory Orders Report
- FDA grants Priority Review to Roche’s Lunsumio for people with relapsed or refractory follicular lymphoma
