Shares of UBS AG (NYSE:UBS) gapped up before the market opened on Friday . The stock had previously closed at $16.68, but opened at $17.04. UBS shares last traded at $17.48, with a volume of 3498929 shares trading hands.
Several analysts have commented on the company. TheStreet upgraded UBS from a “d” rating to a “c” rating in a research note on Monday, November 27th. ValuEngine cut UBS from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised UBS from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Monday, September 18th. Instinet cut UBS from a “buy” rating to a “neutral” rating in a report on Sunday, October 1st. Finally, Societe Generale reissued a “hold” rating on shares of UBS in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. UBS currently has a consensus rating of “Hold” and an average target price of $19.00.
The stock has a market cap of $67,500.00, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 0.86 and a beta of 1.24. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.46.
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UBS Company Profile
UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.
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