Ubs has sold its 50 percent stake in Swisscard to American Express, making the latter the sole owner of the credit card company. This divestment aligns with Ubs' strategic priorities, as it transitions Credit Suisse customers to its own credit card platform, with new cards expected to be issued in 2025.
11:01 21.10.2024
UBS has reduced its price target for Brenntag from 85 to 80 euros while maintaining a "Buy" rating. Analyst Rory McKenzie noted a lack of near-term growth signs in the industrial and business services sector and has significantly revised his estimates for the chemicals trader. Despite this, the shares remain comparatively undervalued.
11:01 21.10.2024
UBS has reduced its EPS forecast for GSK by approximately 5% due to anticipated weakness in US vaccine sales and underperformance of Chinese Shingrix. Despite this adjustment, the analyst maintains a Neutral rating with a target price of 1,580 pence, citing resolved Zantac litigation. For 2024, GSK expects sales growth of 7% to 9%, with core EBIT and EPS projections also increased.
10:59 21.10.2024
UBS is enhancing the precision of its ESG product descriptions to mitigate investor scrutiny and avoid accusations of greenwashing. Legal recommendations include renaming "debt-for-nature swaps" to "Country Debt Conversion With Associated Sustainable Development Goal Funding" for clarity. The bank is also adapting to new EU regulations, emphasizing the need for detailed explanations of sustainability impacts.
10:59 21.10.2024
UBS has reduced its EPS forecast for GSK by approximately 5% due to anticipated weakness in US vaccine sales and underperformance of the Chinese Shingrix. The analyst maintains a Neutral rating with a target price of 1,580 pence, while projecting sales growth of 7% to 9% for 2024. Core EBIT and EPS expectations have also been revised upward.
10:55 21.10.2024
UBS has reduced its EPS forecast for GSK by approximately 5% due to anticipated weakness in US vaccine sales and underperformance of Shingrix in China. The analyst maintains a Neutral rating with a target price of 1,580 pence, while projecting sales growth of 7% to 9% for 2024. Core EBIT and EPS expectations have also been revised upward.
10:55 21.10.2024
UBS maintains a 'buy' rating on Eiffage, lowering its target price from €152 to €144, which still indicates an attractive valuation for the French construction and concessions group. The share is expected to deliver a total shareholder return of +65% and an internal rate of return on equity of 13-14%, despite recent tax changes.
10:48 21.10.2024
UBS maintains a 'buy' rating on Eiffage, lowering its target price from 152 to 144 euros, which still presents an attractive valuation for the French construction and concessions group. The share is expected to deliver a total shareholder return of +65% and an internal rate of return on equity of 13-14%, despite recent tax changes.
10:48 21.10.2024
Eiffage has received a "Buy" rating from UBS, although the target price has been reduced. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis, which is provided for informational purposes only and carries no contractual value. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.
10:45 21.10.2024
UBS has maintained a "Sell" rating for Volvo B, setting a target price of 263 Swedish kronor following disappointing third-quarter results that fell short of expectations. Analyst Hemal Bhundia highlighted the overall underperformance in a report released on October 18, 2024.
10:44 21.10.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

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

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings