UBS AG (NYSE:UBS) has been upgraded from Underperform to Sector Perform in a statement by RBC Capital earlier today.
- Updated: October 4, 2016
Displaying a price of $13.83, UBS AG (NYSE:UBS) traded 2.29% higher on the day. The last closing price is down -4.95% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $13.97 and a two hundred day average of $14.55. Volume of trade was up over the average, with 3,141,173 shares of UBS changing hands over the typical 2,173,110
RBC Capital has upgraded UBS AG (NYSE:UBS) from Underperform to Sector Perform in a statement released on Wednesday October 05, 2016.
Recent Performance Chart
With a total market value of $0, UBS AG has 52 week low of $11.93 and a one year high of $20.70 with a PE ratio of 10.78 .
In addition to RBC Capital reporting its stock price target, a total of 1 broker has issued a ratings update on UBS AG. The 12-month target price is $12.09 with 0 brokers rating the stock a strong buy, zero equity analysts rating the company a buy, zero analysts rating the company a hold, one brokerage rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About UBS AG (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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