RBC Capital Markets upgraded UBS Group AG (USA) (NYSE:UBS) to Sector Perform in a report released today.
- Updated: October 4, 2016
Yesterday UBS Group AG (USA) (NYSE:UBS) traded 2.29% higher at $13.76. The company’s 50-day moving average is $13.97 and its 200-day moving average is $14.55. The last stock close price is down -4.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,141,173 shares of the stock were exchanged, up from an average trading volume of 2,173,110
RBC Capital Markets has upgraded UBS Group AG (USA) (NYSE:UBS) to Sector Perform in a statement released on 10/5/2016.
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UBS Group AG (USA) has a 52 week low of $11.93 and a 52 week high of $20.70 with a P/E ratio of 10.78 The company’s market cap is currently $0.
In addition to RBC Capital Markets reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is $12.09 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About UBS Group AG (USA) (NYSE:UBS)
UBS Group AG (UBS) is a holding company. The Company provides a range of financial services, including advisory services, underwriting, financing, market-making, asset management and brokerage on a global level, and retail banking in Switzerland. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Its Corporate Center comprises Services, Group Asset and Liability Management (Group ALM) and Non-core and Legacy Portfolio. Services includes the Company's control functions, such as finance, risk control (including compliance) and legal. In addition, it provides all logistics and support services, including operations, information technology, human resources, regulatory relations and strategic initiatives, communications and branding, corporate services, physical security, information security, as well as outsourcing, nearshoring and offshoring.
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