{
}
UBS Global Research has downgraded Uniqa Insurance Group to a "sell" rating, citing concerns over its growth outlook and ongoing operational challenges, including rising reinsurance costs. The firm criticized Uniqa's modest growth targets and high financial leverage, while favoring Vienna Insurance Group for its stronger growth prospects and lower risk profile. UBS has set a 12-month price target of €7.30 for Uniqa, indicating a potential decline from its current share price of €8.30.
The Vienna Stock Exchange experienced losses on Tuesday, with the ATX index dropping 0.92% to 3,589.88 points amid cautious sentiment ahead of the Fed's monetary policy decision. EVN shares fell 8.2% after reporting lower revenue and profit, while insurance stocks like Vienna Insurance Group and Uniqa gained. Economic data showed mixed signals, with a surprising drop in Germany's Ifo business climate index and a decline in US industrial production, although retail sales rose ahead of the holiday season.
Vienna Insurance Group AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs downgrades uniqa to sell amid growth and operational concerns
12:26 27.01.2025
Austrian Stock Market Declines Amid Caution Before Key Interest Rate Decisions
Euro
Erste Group Bank AG
EVN AG
Vienna Insurance Group AG
Raiffeisen Bank International AG
BAWAG Group AG
DEU
USA
AUT
Show more
08:29 18.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Market Analysis and Predictions
Government Economic Policies
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Apple Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
Berkshire Hathaway Inc.
UBS Group AG
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Morgan Stanley
Amazon.com, Inc.
NVIDIA Corporation
Wells Fargo & Company
BNP Paribas SA
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Alex Kramm
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti