UBS Group (UBS) Getting Somewhat Favorable News Coverage, Study Finds
Press coverage about UBS Group (NYSE:UBS) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. UBS Group earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.17433689155 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- UBS Group High-Trigger Tier 1 Capital Notes Ratings Lowered To ‘BB’ From ‘BB+’; New Junior Subordinated Debt Rated ‘BB’ (thaipr.net)
- Deutsche Bank, UBS Settle Spoofing Claims in U.S. Crackdown (bloombergquint.com)
- U.S. authorities charge three banks, eight individuals in futures ‘spoofing’ probe (finance.yahoo.com)
- UPDATE 1-U.S. authorities charge three banks, eight individuals in futures’ spoofing’ probe (feeds.reuters.com)
- Hot Stock to Track – UBS Group AG (NYSE: UBS) – Alpha Beta Stock (alphabetastock.com)
UBS has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of UBS Group from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Saturday, January 6th. Credit Suisse Group upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 18th. Societe Generale restated a “hold” rating on shares of UBS Group in a research report on Monday, October 30th. Barclays began coverage on shares of UBS Group in a research report on Tuesday, January 16th. They set an “underweight” rating for the company. Finally, TheStreet upgraded shares of UBS Group from a “d” rating to a “c” rating in a research report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.00.
UBS Group (NYSE:UBS) last released its earnings results on Friday, October 27th. The bank reported $0.26 EPS for the quarter. UBS Group had a net margin of 3.16% and a return on equity of 7.96%. The business had revenue of $7.42 billion during the quarter. equities research analysts expect that UBS Group will post 1.69 earnings per share for the current year.
UBS Group announced that its Board of Directors has initiated a stock repurchase plan on Monday, January 22nd that allows the company to buyback shares. This buyback authorization allows the bank to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.
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About UBS Group
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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