UBS Group has received upgrades from analysts, indicating growing confidence in the bank's performance.
BNP Paribas upgraded its rating from "neutral" to "outperform," while StockNews.com shifted its rating from "hold" to "buy." The consensus among analysts now leans towards a "Moderate Buy."
The stock has shown resilience in the market, trading up to $31.40 with a trading volume of over 1.2 million shares. UBS Group's market capitalization is approximately $100.68 billion, with a PE ratio of 26.17. The stock has fluctuated between a 12-month low of $26.00 and a high of $33.34.
UBS Group recently released strong quarterly earnings results, exceeding analysts' expectations. The bank reported EPS of $0.43 and a revenue figure of $19.31 billion. UBS Group's return on equity stood at 4.69%, with a net margin of 5.13%.
Institutional investors have shown increasing interest in UBS Group, with Rhumbline Advisers and TD Asset Management Inc. increasing their holdings.
UBS Group operates a diverse range of financial services, including Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy divisions. This diversified approach positions UBS Group favorably among investors.