🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Credit Suisse Stick to Their Buy Rating for UBS Group AG

Published 01/21/2021, 09:50 AM
CSGN
-
UBSG
-


Credit Suisse (SIX:CSGN) analyst Jon Peace maintained a Buy rating on UBS Group AG (SIX:UBSG) on Thursday, setting a price target of CHF16, which is approximately 20.40% above the present share price of $14.95.

Peace expects UBS Group AG to post earnings per share (EPS) of $0.58 for the first quarter of 2021.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in UBS Group AG, with an average price target of $16.48.
The analysts price targets range from a high of $18.56 to a low of $13.5.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $8.29 billion and a net profit of $0. The company's market cap is $53.64 billion.

According to TipRanks.com, Credit Suisse analyst Jon Peace is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.1% and a 58.21% success rate.

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.