deutsche bank holds ub s rating while goldman sachs raises target price

Deutsche Bank Research has given UBS a 'Hold' rating with a target price of 26 francs, in anticipation of the upcoming quarterly figures. Analyst Benjamin Goy acknowledged the positive progress made in the restructuring and integration of Credit Suisse, but expects this improvement to no longer be surprising.

On the other hand, Goldman Sachs has increased its target price for UBS from 37.10 to 38.70 francs, while maintaining a 'Buy' rating. Analyst Chris Hallam's updated estimates reflect higher expectations for assets under management, a seasonal slowdown in investment banking, and continued progress in reducing capital expenditures.

Despite performing well recently, UBS shares have underperformed compared to the financial sector, with an annual return of 17.59 percent, significantly lower than the sector average of 33.78 percent. As of October 4, 2024, UBS shares were priced at EUR 28.10, showing a slight daily correction of 0.07%, but a notable increase of 1.59% over the past month.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings