UBS Group (NYSE:UBS) Upgraded by ValuEngine to Sell

ValuEngine upgraded shares of UBS Group (NYSE:UBS) from a strong sell rating to a sell rating in a research report released on Tuesday, September 4th.

Several other brokerages also recently weighed in on UBS. JPMorgan Chase & Co. restated a buy rating on shares of UBS Group in a research report on Monday, June 4th. Societe Generale upgraded UBS Group from a hold rating to a buy rating in a research report on Wednesday, July 25th. Finally, Zacks Investment Research upgraded UBS Group from a sell rating to a hold rating in a research report on Monday, August 6th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. UBS Group presently has an average rating of Hold and a consensus price target of $22.00.

UBS opened at $15.58 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.71. UBS Group has a 1-year low of $14.89 and a 1-year high of $20.89. The firm has a market capitalization of $59.66 billion, a P/E ratio of 14.56 and a beta of 1.28.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Monday, July 23rd. The bank reported $0.41 EPS for the quarter. The firm had revenue of $7.70 billion for the quarter. UBS Group had a return on equity of 9.45% and a net margin of 4.08%. equities analysts expect that UBS Group will post 1.51 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of UBS. Bank of Montreal Can bought a new position in shares of UBS Group during the second quarter worth about $136,475,000. Wells Fargo & Company MN grew its stake in UBS Group by 122.8% during the first quarter. Wells Fargo & Company MN now owns 9,326,172 shares of the bank’s stock worth $164,700,000 after purchasing an additional 5,140,784 shares during the period. Massachusetts Financial Services Co. MA grew its stake in UBS Group by 2.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 159,614,601 shares of the bank’s stock worth $2,448,489,000 after purchasing an additional 3,350,959 shares during the period. Franklin Resources Inc. grew its stake in UBS Group by 3.8% during the first quarter. Franklin Resources Inc. now owns 67,542,854 shares of the bank’s stock worth $1,188,339,000 after purchasing an additional 2,487,565 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in UBS Group by 5.9% during the first quarter. JPMorgan Chase & Co. now owns 39,606,006 shares of the bank’s stock worth $699,442,000 after purchasing an additional 2,196,361 shares during the period. Institutional investors own 31.94% of the company’s stock.

About UBS Group

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management division offers advisory and financial services to wealthy private clients.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for UBS Group (NYSE:UBS)

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