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UBS Group AG (UBS) Gets a Buy from J.P. Morgan

Tipranks - Tipranks - Mon Jun 15, 3:56AM CDT

In a report released on June 12, Kian Abouhossein from J.P. Morgan maintained a Buy rating on UBS Group AG, with a price target of CHF43.00. The company’s shares closed last Friday at CHF38.90.

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According to TipRanks, Abouhossein is a 5-star analyst with an average return of 24.7% and a 72.89% success rate. Abouhossein covers the Financial sector, focusing on stocks such as UBS Group AG, HSBC Holdings, and Deutsche Bank AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UBS Group AG with a CHF40.68 average price target.

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UBS market cap is currently CHF117.8B and has a P/E ratio of 19.35.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UBS in relation to earlier this year.

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