UBS Group AG (UBS) Receives a Hold from Citi
In a report released today, Andrew Coombs from Citi maintained a Hold rating on UBS Group AG (UBS – Research Report), with a price target of CHF26.90. The company's shares closed last Friday at $33.62.
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According to TipRanks, Coombs is a 5-star analyst with an average return of 17.5% and a 74.88% success rate. Coombs covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Standard Chartered.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UBS Group AG with a $37.57 average price target.
Based on UBS Group AG's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $11.38 billion and a net profit of $1.69 billion. In comparison, last year the company earned a revenue of $11.94 billion and had a net profit of $1.76 billion
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UBS in relation to earlier this year.
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