In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on UBS Group AG (UBS – Research Report), with a price target of CHF20.70. The company’s shares closed yesterday at $21.28.
According to TipRanks, Abouhossein is a 5-star analyst with an average return of 16.8% and a 65.38% success rate. Abouhossein covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Goldman Sachs Group.
Currently, the analyst consensus on UBS Group AG is a Moderate Buy with an average price target of $24.43, implying a 14.80% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a CHF23.00 price target.
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The company has a one-year high of $21.71 and a one-year low of $0.92. Currently, UBS Group AG has an average volume of 2.16M.
Based on the recent corporate insider activity of 13 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.
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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.
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