RBC Capital Keeps Their Buy Rating on UBS Group AG (UBS)
In a report released today, Anke Reingen from RBC Capital maintained a Buy rating on UBS Group AG, with a price target of CHF38.00.
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Reingen covers the Financial sector, focusing on stocks such as Deutsche Bank AG, UBS Group AG, and ING GROEP. According to TipRanks, Reingen has an average return of 21.2% and a 74.29% success rate on recommended stocks.
In addition to RBC Capital, UBS Group AG also received a Buy from Jefferies’s Joseph Dickerson in a report issued today. However, on the same day, Barclays maintained a Sell rating on UBS Group AG (NYSE: UBS).
Based on UBS Group AG’s latest earnings release for the quarter ending September 29, the company reported a quarterly revenue of CHF18.52 billion and a net profit of CHF2.48 billion. In comparison, last year the company earned a revenue of CHF12.06 billion and had a net profit of CHF1.41 billion
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