{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Heidelberg Materials AG, a leader in cement and building materials, reports its sales distribution: cements (45.5%), ready-mix concrete and asphalt (27.5%), aggregates (18%), and other products (9%). Geographically, the company generates sales primarily from the United States (20.4%), followed by Germany (9%) and the United Kingdom (8.9%).
UBS Group AG forecasts that gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" predictions for further gains as central banks increase their holdings. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts before gold climbs again, potentially hitting $2,950 an ounce by the end of 2026.
UBS Group AG forecasts that gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" predictions for further gains as central banks increase their holdings. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts before gold climbs again, potentially hitting $2,950 an ounce by the end of 2026.
UBS Group AG predicts that gold will reach $2,900 an ounce by the end of next year, following a similar forecast from Goldman Sachs. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts, before gold climbs further to $2,950 an ounce by the end of 2026.
UBS forecasts gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" prediction of $3,000, driven by central bank purchases and geopolitical tensions. Despite a potential consolidation phase due to a stronger dollar, ongoing strategic allocations and high macro volatility are expected to support prices. Currently, spot gold is trading near $2,630 an ounce, having risen 28% this year.
UBS has upgraded its outlook for US and UK equities while downgrading European markets. The bank views UK markets as defensive, benefiting from a stronger dollar, and believes US economic fundamentals can withstand global growth slowdowns. In contrast, European equities face challenges due to weak earnings and economic momentum, though UBS advises against underweighting them given their significant P/E ratio discount compared to the US.
Embraer (NYSE:ERJ) has been downgraded by UBS Group from "neutral" to "sell," with a target price of $32, indicating a potential downside of 17.59%. Despite a "Moderate Buy" rating overall, analysts have mixed views, with one sell, two hold, and five buy ratings. The stock opened at $38.83, with a 1-year range of $16.09 to $39.46.
The UBS ETF - MSCI World Socially Responsible ETF A recently gained 0.31%, trading at EUR 159.54 after starting at EUR 159.20. In total, 10,688 shares have been traded, with the fund"s highest price in the past year reaching EUR 162.62 on November 14, 2024.
An investor with a 5.623% stake in Hochdorf Holding AG is positioned to influence key corporate decisions, coinciding with UBS"s ambitions for US growth and Nestlé"s strategic insights during its capital markets day. These developments may reshape market dynamics, as UBS navigates the integration of Credit Suisse clients and Swiss trade data alongside Sonova Holding AG’s earnings report provides further economic context.
Assetmark Inc. now holds 493 shares of Assured Guaranty, valued at $39,000, after acquiring 197 additional shares last quarter. Daiwa Securities Group Inc. entered a new position worth approximately $46,000. Institutional investors own 92.22% of the stock, which recently saw UBS Group raise its price target to $95.00, indicating a potential upside. Assured Guaranty reported a quarterly EPS of $2.42, exceeding estimates, despite a 33.3% year-over-year revenue decline.
UBS Group AG
Companies
07:59 20.11.2024
07:20 20.11.2024
07:20 20.11.2024
07:20 20.11.2024
07:20 20.11.2024
21:02 19.11.2024
13:34 19.11.2024
10:07 19.11.2024
07:47 19.11.2024
Daiwa Securities Group Inc.
UBS Group AG
Assured Guaranty Ltd.
USA
Yukiko Omura
Dominic Frederico
Show more
19:41 18.11.2024
Trending
Subcategory:
Cryptocurrency Markets
Cryptocurrency Trends
Stock Market Updates
Market Sentiment Analysis
Decentralized Finance (DeFi) Innovations
Central Bank Actions
Market Analysis and Predictions
Tokenomics and Crypto Economics
Inflation Rates & CPI Data
Hedge Funds & Private Equity
Cryptocurrency & Blockchain Regulations
Banking Regulations
Employment Reports
Cryptocurrency Regulations
Anti-Money Laundering (AML) Regulations
ESG & Sustainable Finance Regulations
Corporate Responsibility & ESG
Anti-Money Laundering (AML) & Know Your Customer
Blockchain Technology Adoption
Banking & Investment Regulations
Countries:
Companies:
Currencies:
People:
Apple Inc.
Ethereum USD
Solana USD
Ripple USD USD
Bitcoin USD
Coinbase Global, Inc.
Santiment Network Token USD
Bitwise Bitcoin ETF
NVIDIA Corporation
Ripples USD
JPMorgan Chase & Co.
BlackRock, Inc.
MicroStrategy Inc
Taiwan Semiconductor Manufacturing Co Ltd
Chainlink USD
Grayscale Bitcoin Trust ETF
Heritage Distilling Holding Company, Inc.
Robinhood Markets, Inc.
MARATHON DIGITAL
End Federal Reserve USD
United States Dollar
Armenian Dram
Euro
Vietnamese Đồng
British Pound Sterling
Canadian Dollar
New Zealand Dollar
Australian Dollar
Philippine Peso
Malagasy Ariary
Japanese Yen
Singapore Dollar
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.