UBS AG (UBS) : 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on UBS AG (UBS). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 3 Wall Street Analysts endorse the stock as a Hold with a rating of 3.33.
UBS AG (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 AG (NYSE:UBS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.01 and $11.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.40, notching a gain of 0.32% for the day. The total traded volume was 4,439,514 . The stock had closed at $12.36 on the previous day.
Also, In the latest statement by the brokerage house, RBC Capital downgrades its outlook on UBS AG (NYSE:UBS). The current rating of the shares is Underperform, according to the research report released by the firm. Previously, the company had a rating of Sector Perform. The rating by the firm was issued on June 28, 2016. The company shares have dropped -40.03% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $23.19 and the one year low was seen on Jul 5, 2016. The 50-Day Moving Average price is $14.51 and the 200 Day Moving Average price is recorded at $15.93.
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.