Kepler Capital analyst Anna Maria Benassi maintained a Buy rating on UBS Group AG (UBS – Research Report) on January 21 and set a price target of CHF22.00. The company’s shares closed last Friday at $19.03, close to its 52-week high of $19.79.
According to TipRanks.com, Benassi is a top 100 analyst with an average return of 20.6% and a 79.4% success rate. Benassi covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Erste Group Bank AG, and Deutsche Bank AG.
Currently, the analyst consensus on UBS Group AG is a Moderate Buy with an average price target of $22.35, which is a 16.3% upside from current levels. In a report issued on January 10, J.P. Morgan also maintained a Buy rating on the stock with a CHF22.00 price target.
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Based on UBS Group AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $9.12 billion and net profit of $2.28 billion. In comparison, last year the company earned revenue of $9.03 billion and had a net profit of $2.09 billion.
Based on the recent corporate insider activity of 17 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.
Read More on UBS:
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- Kepler Capital Sticks to Their Buy Rating for Repsol (REPYY)
- BNP Paribas (BNPQY) was Upgraded to a Buy Rating at Kepler Capital
