Short Term Price Target on UBS AG (UBS)

UBS AG (NYSE:UBS) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $3. The average forecast of all the analysts is $7.58 and the expected standard deviation is $6.83.

UBS Group AG has lost 19.5% in the last five trading days and dropped 15.51% in the last 4 weeks. UBS Group AG has dropped 13.23% during the last 3-month period . Year-to-Date the stock performance stands at -29.18%. Also, Equity analysts at the Brokerage firm Barclays upgrades its rating on UBS AG (NYSE:UBS). The rating major has initiated the coverage with overweight rating on the shares. Earlier, the shares were rated a Equal-weight by the brokerage firm. The rating by the firm was issued on June 9, 2016.

UBS AG (NYSE:UBS) : Zacks Investment Research ranks UBS AG (NYSE:UBS) as 5, which is a Strong Sell recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 3.33, which indicates as a Hold.

UBS AG (NYSE:UBS): The stock opened at $12.95 on Thursday but the bulls could not build on the opening and the stock topped out at $12.98 for the day. The stock traded down to $12.79 during the day, due to lack of any buying support eventually closed down at $12.96 with a loss of -0.61% for the day. The stock had closed at $13.04 on the previous day. The total traded volume was 7,936,723 shares.

UBS Group AG is a holding company of the UBS Group. The Companys businesses are organized globally into five business segments: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank. The Company provides private, institutional and corporate customers around the world, as well as retail customers in Switzerland with financial advice and solutions. Corporate Center includes Core Functions and Non-core and Legacy Portfolio. Core Functions include Group-wide control functions, such as finance, including treasury services, such as liquidity, funding, balance sheet and capital management; risk control, including compliance, and legal. In addition, Core Functions provide all logistics and support services. Non-core and Legacy Portfolios consists of the non-core businesses and legacy positions.

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