UBS Group’s (UBS) “Sell” Rating Reaffirmed at DZ Bank

DZ Bank reissued their sell rating on shares of UBS Group (NYSE:UBS) in a research report report published on Wednesday, The Fly reports.

A number of other research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of UBS Group from a hold rating to a sell rating and set a $10.00 target price for the company. in a report on Monday, July 15th. Berenberg Bank restated a buy rating and issued a $15.00 price target on shares of UBS Group in a research report on Friday, August 2nd. Societe Generale downgraded UBS Group from a hold rating to a sell rating in a research report on Wednesday, July 24th. Finally, FIG Partners downgraded UBS Group from a buy rating to a hold rating in a research report on Friday, April 26th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. UBS Group presently has an average rating of Hold and an average target price of $12.50.

UBS stock opened at $10.48 on Wednesday. The firm has a fifty day moving average price of $11.34 and a 200 day moving average price of $12.07. UBS Group has a fifty-two week low of $10.12 and a fifty-two week high of $16.68. The company has a debt-to-equity ratio of 3.54, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $40.35 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 1.81 and a beta of 1.21.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, July 23rd. The bank reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. UBS Group had a net margin of 14.20% and a return on equity of 8.07%. The firm had revenue of $5.61 billion during the quarter. On average, equities analysts predict that UBS Group will post 1.24 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC lifted its position in shares of UBS Group by 56.3% during the second quarter. Advisory Services Network LLC now owns 2,686 shares of the bank’s stock worth $32,000 after purchasing an additional 968 shares during the last quarter. Covenant Multifamily Offices LLC bought a new stake in shares of UBS Group during the first quarter worth $38,000. Enterprise Financial Services Corp lifted its position in shares of UBS Group by 33.1% during the first quarter. Enterprise Financial Services Corp now owns 4,088 shares of the bank’s stock worth $49,000 after purchasing an additional 1,016 shares during the last quarter. Citizens Financial Group Inc RI lifted its position in shares of UBS Group by 71.7% during the first quarter. Citizens Financial Group Inc RI now owns 4,101 shares of the bank’s stock worth $50,000 after purchasing an additional 1,713 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of UBS Group by 22.0% during the first quarter. Parallel Advisors LLC now owns 5,093 shares of the bank’s stock worth $62,000 after purchasing an additional 919 shares during the last quarter. Institutional investors own 30.40% of the company’s stock.

About UBS Group

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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