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Deutsche Bank shares reach highest level since 2015 amid positive outlook
Deutsche Bank shares hit a high of 23.075 euros, the highest since November 2015, with a midday increase of 2.8% to 22.90 euros. RBC raised its target price for the bank from 22 to 26 euros, citing positive growth estimates for the German economy and a favorable yield curve, while noting potential risks from slower earnings growth and ongoing uncertainties.
RBC maintains outperform rating for UBS with price target of 36 francs
RBC has maintained an "Outperform" rating for UBS with a price target of 36 francs. Analyst Anke Reingen noted that the Swiss Financial Market Supervisory Authority (Finma) may implement new requirements for UBS over a longer period, which could be more stringent than anticipated.
UBS is navigating a challenging financial landscape, with DZ Bank downgrading its rating from "buy" to "hold" and lowering the fair value to 32 francs, citing high uncertainty over future capital requirements. Despite a strong fourth quarter, where net profit reached $770 million, the share price has seen fluctuations, reflecting mixed analyst sentiments. While JPMorgan maintains an "Overweight" rating with a target of 34 francs, Goldman Sachs has raised its target to 44.50 francs, emphasizing UBS's solid performance and strategic focus on capital management.
ubs shares surge as cost savings and milestones are achieved
UBS has achieved all key milestones and targeted cost savings, with a strong share price performance leading up to its quarterly results announcement on February 4, 2025. The stock recently traded at CHF 32.51, reflecting a 16.33% increase over the past month, while JPMorgan maintains an 'Overweight' rating with a target price of CHF 34. Despite some daily fluctuations, UBS's market capitalization stands at approximately 118.2 billion euros, showcasing investor confidence in the bank's ongoing restructuring efforts.
ubs reports strong profits and plans significant share buybacks and dividends
UBS reported a profit of nearly $5.1 billion for 2024, with a fourth-quarter pre-tax profit exceeding $1 billion, surpassing market expectations. The bank announced a 29% increase in dividends to 90 cents per share and plans to buy back $3 billion in shares in 2025. Integration of Credit Suisse is progressing well, with $3.4 billion in cost savings realized, and UBS aims for a return on core capital of around 15% by 2026.
ubs reports strong integration progress with credit suisse despite share price drop
UBS reported strong progress in integrating Credit Suisse, achieving key milestones and realizing $3.4 billion in cost savings for 2024. Despite better-than-expected quarterly results and plans for increased dividends and share buybacks, UBS shares fell over 5%, reflecting market concerns about complex capital movements. The bank aims for a return on core capital of around 15% by 2026, with significant cost reductions expected as the integration continues.
RBC maintains outperform rating for UBS with 36 franc price target
RBC has maintained an "Outperform" rating for UBS, setting a price target of 36 francs. Analyst Anke Reingen noted that UBS surpassed expectations in the fourth quarter, driven by strong investment banking performance and additional share buybacks.
RBC upgrades UBS to outperform with target price of 36 francs
RBC has maintained its "Outperform" rating for UBS, setting a price target of 36 francs. Analyst Anke Reingen noted that UBS surpassed expectations in the fourth quarter, driven by strong investment banking performance and additional share buybacks. As of the latest trading, UBS shares are down 7.20% at $32.425.
deutsche bank reports profit decline amid legal costs and share buyback concerns
Deutsche Bank reported a pre-tax profit of just under €5.3 billion for the previous year, a 7% decline attributed to compensation for former Postbank shareholders. Despite this, its subsidiary DWS surpassed €1 trillion in assets under management and aims to attract an additional €150 billion by 2027. Following the disappointing results, Deutsche Bank's shares fell 3.2% to €18.90.
ubs shares reach new heights amid positive market trends and analyst upgrades
UBS is poised to settle tax evasion violations linked to Credit Suisse with the DoJ, potentially paying hundreds of millions. Despite a slight decline in share price, analysts maintain positive forecasts, with RBC raising its target to 36 francs and Exane BNP Paribas upgrading to "Outperform." The recent parliamentary report on the Credit Suisse collapse highlights significant management failures, impacting UBS's market performance.
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