In a report released today, Jernej Omahen from Goldman Sachs maintained a Buy rating on UBS Group AG (UBS – Research Report), with a price target of CHF13.40. The company’s shares closed last Tuesday at $12.02.
Omahen has an average return of 26.4% when recommending UBS Group AG.
According to TipRanks.com, Omahen is ranked #6145 out of 6806 analysts.
UBS Group AG has an analyst consensus of Moderate Buy, with a price target consensus of $12.61, implying a 5.3% upside from current levels. In a report issued on July 6, Credit Suisse also maintained a Buy rating on the stock with a CHF14.00 price target.
The company has a one-year high of $13.49 and a one-year low of $7.48. Currently, UBS Group AG has an average volume of 3.51M.
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UBS Group AG is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Wealth Management; Wealth Management Americas; Personal and Corporate Banking; Asset Management; Investment Bank, and Corporate Center. The Wealth Management segment advises and offers financial services to wealthy private clients except those served by Wealth Management Americas which include banking and lending, wealth planning, and investment management. The Wealth Management Americas segment provides advice-based solutions through financial advisors. The Personal and Corporate segment offers financial products and services to private, corporate, and institutional clients in Switzerland. The Asset Management segment consists of investment management products and services; platform solutions and advisory support to institutions; wholesale intermediaries, and wealth management clients. The Investment Bank segment comprises investment advice, financial solutions, and capital markets access among corporate, institutional, and wealth management clients. The Corporate Center segment is involved in the services, group asset and liability management and non-core and legacy portfolio. The company was founded on June 29, 1998 and is headquartered in Zurich, Switzerland.