UBS AG (UBS) : Average target price received by UBS AG (UBS) is $14.86 with an expected standard deviation of $8.2. The most aggressive target on the stock is $24, whereas the most downbeat target is $8. 3 financial analysts are currently covering the stock.
UBS AG (UBS) encountered a rise of 40.1% or 5,718,574 shares in the short positions. The number escalated from 14,272,094 on June 15,2016 to 19,990,668 on June 30,2016. The final interest is 0.5% of the floated stock. The days to cover figure of 4 can be arrived using the average daily exchange of 4,714,798 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity Analysts at the RBC Capital downgrades the rating on UBS AG (NYSE:UBS). The brokerage firm has issued a Underperform rating on the shares. The shares were previously rated Sector Perform. The rating by the firm was issued on June 28, 2016.
UBS AG (NYSE:UBS): stock turned positive on Thursday. Though the stock opened at $13.17, the bulls momentum made the stock top out at $13.29 level for the day. The stock recorded a low of $13.12 and closed the trading day at $13.22, in the green by 2.32%. The total traded volume for the day was 2,708,731. The stock had closed at $12.92 in the previous days trading.
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.