Deutsche Bank Research rates UBS as hold with price target of 26 francs

UBS Group has been given a "Hold" rating by Deutsche Bank Research, with a price target of 26 francs.

Analyst Benjamin Goy has highlighted the strong performance of the Swiss bank in the recent quarter, which has had a positive impact on its operational results.

The report, published on October 31, 2024, emphasizes UBS's resilience and strategic positioning in the financial sector.

It suggests that although the bank has shown impressive growth, the current valuation may not make a strong case for immediate investment.

Investors are advised to closely monitor UBS's performance as market conditions change.

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