JP Morgan Chase & Co. has rated UBS shares as "overweight," raising the price target from 31 to 34 francs, reflecting a selective approach in the banking sector for 2025. Analyst Kian Abouhossein favors institutions less reliant on net interest income, with UBS among his top picks. Despite a 0.3% drop to CHF 28.86, UBS shares have gained 13.5% since the start of 2024, indicating a potential upside of 17.81% based on the new target. The next quarterly figures are expected on February 4, 2025.
JPMorgan's analyst Kian Abouhossein recommends a selective investment strategy in the banking sector for 2025, favoring institutions less reliant on net interest income. UBS, Deutsche Bank, Barclays, Intesa Sanpaolo, and Natwest are highlighted, with UBS's price target raised from 31 to 34 francs and maintained at "overweight." The valuation is now based on new estimates for 2027.
JPMorgan has raised its price target for UBS shares from 31 to 34 francs, maintaining an "overweight" rating. Analyst Kian Abouhossein emphasizes a selective approach in the banking sector for 2025, favoring institutions less reliant on net interest income, including Deutsche Bank, Barclays, Intesa Sanpaolo, and Natwest. The valuation shift is based on new estimates for 2027.
UBS shares have shown strong performance, with analysts from Goldman Sachs, RBC, and JPMorgan raising their target prices and maintaining positive ratings. Despite a slight decline in share price recently, UBS reported impressive quarterly profits, reflecting investor confidence in its strategy and market position. The stock has gained 6.72% over the past month, highlighting its resilience amid economic uncertainties.
UniCredit has proposed to acquire Banco BPM for approximately €10 billion ($10.5 billion), offering €6.657 per share, slightly above its recent closing price. This all-stock deal aims to strengthen UniCredit's position as a leading pan-European banking group, amid ongoing consolidation in the European banking sector. While shares of Banco BPM rose 5%, UniCredit's shares fell 1.7%, reflecting market uncertainty about the feasibility of simultaneously pursuing this acquisition alongside its stake in Commerzbank.
UBS reported a strong Q3 profit of $1.43 billion, exceeding market expectations, and is making significant progress in integrating Credit Suisse. Despite a recent dip in share price, analysts from Goldman Sachs and JPMorgan have upgraded their ratings, highlighting the bank's robust performance and potential for growth.
JPMorgan has maintained an "Overweight" rating for UBS, setting a target price of 31 francs. Analyst Kian Abouhossein noted that the strong operating performance of the Swiss bank presents a favorable entry opportunity for long-term investors.
JPMorgan has maintained an "Overweight" rating for UBS Group, setting a price target of 31 francs. Analyst Kian Abouhossein highlighted the strong operating performance of the Swiss bank, presenting a favorable entry opportunity for long-term investors.
UBS shares fell about two percent to 27.91 francs after reaching a multi-year high of 29.57 francs, despite strong quarterly results that exceeded market expectations and positive progress in integrating Credit Suisse. The bank reported a billion-franc profit, with all sectors, except wealth management, performing better than anticipated. Analysts remain optimistic about the company's outlook, although uncertainties related to the economic climate and the upcoming US presidential election were noted.
UBS shares fell about two percent to 27.91 francs after reaching a multi-year high of 29.57 francs, despite strong quarterly results that exceeded market expectations and positive progress in integrating Credit Suisse. The bank reported a billion-franc profit, with all sectors, except wealth management, performing better than anticipated. Analysts remain optimistic about UBS's outlook, although they noted uncertainties related to the economic climate and the upcoming US presidential election.
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