{
}
UBS has maintained a "Neutral" rating for Aroundtown, setting a price target of 2 euros following the release of the real estate group's nine-month figures, which exceeded market expectations, particularly in earnings. Analyst Charles Boissier noted the results were slightly better than anticipated.
ING Groep N.V. is the leading financial services group in the Benelux, with retail banking contributing 66.7% to its revenues. The group's revenue distribution includes 33.2% from the Netherlands, 20.9% from Germany, and 17.8% from Belgium. By the end of 2023, it is projected to manage EUR 650.3 billion in deposits and EUR 642.4 billion in loans.
UBS has been acquitted by the Swiss Federal Criminal Court of charges related to laundering money from the Bulgarian Mafia, a case inherited from Credit Suisse. The latter was previously fined CHF 2 million for inadequate supervision and anti-money laundering compliance between July 2007 and December 2008. Two defendants received reduced sentences, while one has since died, and the verdicts remain subject to appeal.
UBS has raised its target price for ING shares to €21, citing underestimated growth potential in Germany, particularly through expanding services for SMEs. The new target indicates a 45% upside, with expectations that Germany will contribute a third of ING's growth by 2027. In Q3 2024, ING reported a net income of €1,880 million, down from €1,982 million in the previous quarter.
UBS has raised its target price for ING shares to €21, citing underestimated growth potential in Germany, particularly through expanding services to SMEs. The new target suggests a 45% upside, with expectations that Germany will contribute a third of ING's growth by 2027. In Q3 2024, ING reported a net income of €1.88 billion, down from €1.98 billion in the previous quarter.
UBS has raised its target price for a share, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA acting solely as a distribution channel and not participating in its preparation. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.
UBS has maintained a "Neutral" rating for Aroundtown, setting a target price of 2 euros following the release of the company's nine-month figures. Analyst Charles Boissier noted that the results exceeded market expectations, particularly in terms of earnings.
UBS has been acquitted in a significant money laundering case involving Credit Suisse and a Bulgarian drug gang. The Swiss Federal Criminal Court found that the allegations against UBS could not proceed due to the death of a key employee, who had been convicted of laundering money for the gang. This ruling marks a pivotal moment in the Swiss judiciary's approach to banking accountability, although the decision may still be appealed to the Federal Supreme Court.
The Federal Criminal Court has acquitted UBS in the Bulgaria case, previously associated with Credit Suisse, and reduced the sentences for two defendants. The original case involved a fine for inadequate monitoring of banking relationships with the Bulgarian mafia and non-compliance with anti-money laundering regulations from 2007 to 2008. The two defendants, a former banker and a mafia confidant, received reduced prison sentences.
The Federal Criminal Court has acquitted UBS in the Bulgaria case, previously associated with Credit-Suisse, while reducing the sentences of two other defendants. Credit-Suisse had been fined two million Swiss francs for failing to monitor banking ties with the Bulgarian mafia and violating anti-money laundering laws from July 2007 to December 2008. The other defendants, a former banker and a mafia confidant, received a 29-month prison term and a conditional five-month sentence.
UBS
Companies
UBS / nyse
UBS Group AG
At close 09/20/2024 20:00:03
29.9$
-0.5$ (-0.02%)
After hours: 09/20/2024 21:13:31
29.8001$
-0.1$ (-0%)
Content of tab #2
UBS Group AG
UBS Group AG is a multinational investment bank and financial services company based out of Switzerland. It provides Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Banking services to the private, institutional and corporate clients worldwide.
Sector
financial
Industry
Banking
CEO
Ralph A. J. G. Hamers
Employees
71697
Website
Address
Bahnhofstrasse 45, Zurich, CH-8001, CH
MachinaScore
5
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
33.32$ (11.44% Upside)
33.32$ (11.44% Upside)
Blogger Sentiment
Neutral
UBS Sentiment 55.00000000000001%
Hedge Fund Trend
Very Positive
By 3.48M Shares Last Quarter.
Insider Transactions
Negative
Worth -3.28M over the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days
-0.01%
Last 30 Days -0.01%
Last 30 Days -0.01%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.26
Trailing 12-Months
Fundamentals
Return on Equity
17.26
Trailing 12-Months
Asset Growth
-7.02
Trailing 12-Months
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS maintains neutral rating for Aroundtown with price target of 2 euros
13:23 27.11.2024
ubs maintains positive outlook on ing groep n v financial performance
13:20 27.11.2024
wiss court acquits ubs in bulgarian mafia money laundering case
13:16 27.11.2024
ubs raises target price for ing amid growth potential in germany
13:16 27.11.2024
ubs raises ing target price citing growth potential in germany
13:11 27.11.2024
ubs increases target price for ing shares in recent analysis
13:11 27.11.2024
ubs maintains neutral rating for aroundtown with target price of 2 euros
13:10 27.11.2024
ubs acquitted in landmark money laundering case involving credit suisse
13:05 27.11.2024
Federal court acquits UBS in Bulgaria money laundering case
13:00 27.11.2024
federal court acquits ubs in money laundering case linked to bulgarian mafia
12:51 27.11.2024
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