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Jefferies Sticks to Their Buy Rating for UBS Group AG (UBS)

Tipranks - Tipranks - Fri Jun 19, 1:34AM CDT

Jefferies analyst Joseph Dickerson maintained a Buy rating on UBS Group AG today and set a price target of CHF60.00.

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Dickerson covers the Financial sector, focusing on stocks such as Standard Chartered, UBS Group AG, and Deutsche Bank AG. According to TipRanks, Dickerson has an average return of 18.5% and a 66.01% success rate on recommended stocks.

UBS Group AG has an analyst consensus of Moderate Buy, with a price target consensus of CHF41.26.

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Based on UBS Group AG’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of CHF10.04 billion and a net profit of CHF958.27 million. In comparison, last year the company earned a revenue of CHF17.2 billion and had a net profit of CHF698.96 million

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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