Kepler Capital analyst Anna Maria Benassi maintained a Buy rating on UBS Group AG (UBS – Research Report) on November 23 and set a price target of CHF15.00. The company’s shares closed last Friday at $15.52, close to its 52-week high of $15.91.
According to TipRanks.com, Benassi is a 4-star analyst with an average return of 15.6% and a 82.4% success rate. Benassi covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Helgeland Sparebank, and Erste Group Bank AG.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UBS Group AG with a $16.89 average price target, representing an 8.5% upside. In a report issued on November 9, J.P. Morgan also maintained a Buy rating on the stock with a CHF14.00 price target.
UBS Group AG’s market cap is currently $55.12B and has a P/E ratio of 8.60. The company has a Price to Book ratio of 1.04.
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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.