Societe Generale Reiterates “CHF 18” Price Target for UBS Group AG (UBSG)

UBS Group AG (VTX:UBSG) has been given a CHF 18 target price by research analysts at Societe Generale in a note issued to investors on Monday. The firm currently has a “buy” rating on the stock.

A number of other equities research analysts have also weighed in on UBSG. Citigroup Inc. reaffirmed a “buy” rating on shares of UBS Group AG in a report on Thursday, August 10th. BNP Paribas set a CHF 19.70 price target on UBS Group AG and gave the stock a “buy” rating in a research note on Thursday, August 31st. HSBC Holdings plc set a CHF 20 target price on UBS Group AG and gave the company a “buy” rating in a research note on Friday, August 11th. Credit Suisse Group set a CHF 17 target price on UBS Group AG and gave the company a “neutral” rating in a research note on Monday, July 31st. Finally, J P Morgan Chase & Co set a CHF 19 target price on UBS Group AG and gave the company a “buy” rating in a research note on Tuesday, August 1st. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of CHF 18.57.

Shares of UBS Group AG (VTX UBSG) traded up 1.41% during mid-day trading on Monday, reaching CHK 15.78. The company had a trading volume of 12,537,913 shares. The company has a market capitalization of CHK 60.79 billion and a price-to-earnings ratio of 15.38. The stock has a 50 day moving average of CHK 17.08 and a 200-day moving average of CHK 16.69. UBS Group AG has a 52 week low of CHK 12.44 and a 52 week high of CHK 17.73.

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About UBS Group AG

UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.

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