UBS Group AG (NYSE:UBS) has been assigned an average rating of “Hold” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company.
A number of equities analysts have recently issued reports on UBS shares. Zacks Investment Research upgraded UBS Group from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Saturday, January 6th. Credit Suisse Group upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Thursday, January 18th. Barclays started coverage on UBS Group in a report on Tuesday, January 16th. They issued an “underweight” rating for the company. TheStreet upgraded UBS Group from a “d” rating to a “c” rating in a report on Monday, November 27th. Finally, Bank of America upgraded UBS Group from a “neutral” rating to a “buy” rating in a report on Friday, November 10th.
UBS Group (UBS) traded down $0.35 on Wednesday, hitting $18.97. The stock had a trading volume of 1,743,480 shares, compared to its average volume of 2,685,369. UBS Group has a 1 year low of $15.10 and a 1 year high of $20.89. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market cap of $74,220.00, a PE ratio of 63.23 and a beta of 1.30.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Icon Wealth Partners LLC purchased a new stake in UBS Group during the 4th quarter valued at about $177,000. Harbor Advisors LLC purchased a new stake in UBS Group during the 4th quarter valued at about $183,000. BTC Capital Management Inc. purchased a new stake in UBS Group during the 4th quarter valued at about $193,000. Claraphi Advisory Network LLC purchased a new stake in UBS Group during the 4th quarter valued at about $200,000. Finally, River Road Asset Management LLC purchased a new stake in UBS Group during the 3rd quarter valued at about $225,000. Hedge funds and other institutional investors own 34.85% of the company’s stock.
WARNING: This report was first published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://www.tickerreport.com/banking-finance/3229011/ubs-group-ag-ubs-receives-consensus-rating-of-hold-from-analysts.html.
UBS Group Company Profile
UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.
Receive News & Ratings for UBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS Group and related companies with MarketBeat.com's FREE daily email newsletter.