BidaskClub downgraded shares of UBS AG (NYSE:UBS) from a buy rating to a hold rating in a research note released on Tuesday, July 25th.
Other analysts also recently issued research reports about the stock. Morgan Stanley reaffirmed a buy rating on shares of UBS AG in a research report on Tuesday, July 18th. Zacks Investment Research downgraded shares of UBS AG from a strong-buy rating to a hold rating and set a $20.00 price objective for the company. in a research report on Thursday, July 13th. Rafferty Capital Markets downgraded shares of UBS AG from a buy rating to a hold rating in a research report on Saturday, April 22nd. Finally, J P Morgan Chase & Co reaffirmed a neutral rating on shares of UBS AG in a research report on Monday, May 29th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. UBS AG currently has a consensus rating of Hold and a consensus price target of $17.14.
Shares of UBS AG (UBS) remained flat at $17.05 on Tuesday. 1,157,410 shares of the company were exchanged. The stock has a market cap of $63.37 billion, a PE ratio of 16.05 and a beta of 1.24. The firm has a 50-day moving average of $17.40 and a 200 day moving average of $16.41. UBS AG has a 52 week low of $12.86 and a 52 week high of $18.31.
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Institutional investors have recently modified their holdings of the stock. Fiduciary Trust Co. bought a new position in shares of UBS AG during the second quarter valued at $136,000. Keybank National Association OH bought a new position in shares of UBS AG during the first quarter valued at $165,000. Segantii Capital Management Ltd bought a new position in shares of UBS AG during the second quarter valued at $166,000. BTC Capital Management Inc. bought a new position in shares of UBS AG during the first quarter valued at $168,000. Finally, Insight 2811 Inc. bought a new position in shares of UBS AG during the first quarter valued at $169,000. Institutional investors and hedge funds own 26.32% of the company’s stock.
About UBS AG
UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.
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