J.P. Morgan analyst Kian Abouhossein maintained a Buy rating on UBS Group AG (UBS – Research Report) today and set a price target of CHF31.00. The company’s shares closed yesterday at $27.35.
Abouhossein covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Commerzbank AG. According to TipRanks, Abouhossein has an average return of 14.8% and a 63.18% success rate on recommended stocks.
In addition to J.P. Morgan, UBS Group AG also received a Buy from RBC Capital’s Anke Reingen in a report issued on November 22. However, on November 15, Kepler Capital maintained a Hold rating on UBS Group AG (NYSE: UBS).
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UBS market cap is currently $84.14B and has a P/E ratio of 2.63.
Based on the recent corporate insider activity of 8 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 (UBS) Company Description:
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:
- UBS chair wants three potential successors for CEO in next years, FT says
- UBS price target raised to CHF 29 from CHF 26 at Deutsche Bank
- French Supreme Court refers UBS legavy matter to Appeals Court
- UBS chair Kelleher warns of the risks of ‘shadow’ banking, FT reports
- UBS: Outlook for economic growth, asset valuations remains difficult to predict
