News articles about UBS AG (NYSE:UBS) have been trending positive on Saturday, according to AlphaOne Sentiment. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. UBS AG earned a media sentiment score of 0.49 on AlphaOne’s scale. AlphaOne also assigned media headlines about the bank an impact score of 19 out of 100, indicating that recent news coverage is very unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected AlphaOne’s rankings:
- Ex-UBS Compliance Officer Faces FCA Insider Dealing Charges (law360.com)
- Ex-UBS Compliance Officer in U.K. Court on Insider-Trading Case (bloomberg.com)
- UBS unveils global fintech challenge (investmentexecutive.com)
- Credit Suisse, UBS on Track to Meet Swiss TBTF Rules, SNB Says (swissinfo.ch)
- Credit Suisse : UBS and Credit Suisse need credible insolvency plans – SNB (4-traders.com)
Shares of UBS AG (UBS) traded up 1.44% during midday trading on Friday, hitting $16.23. 2,726,467 shares of the stock traded hands. The firm’s 50 day moving average price is $16.45 and its 200 day moving average price is $16.15. UBS AG has a 12-month low of $11.93 and a 12-month high of $17.71. The company has a market capitalization of $60.28 billion, a PE ratio of 16.12 and a beta of 1.24.
UBS AG (NYSE:UBS) last issued its quarterly earnings results on Friday, April 28th. The bank reported $0.38 EPS for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.08. UBS AG had a return on equity of 7.51% and a net margin of 10.62%. The business had revenue of $7.50 billion for the quarter. Analysts expect that UBS AG will post $1.33 EPS for the current year.
A number of analysts have commented on UBS shares. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of UBS AG in a research note on Tuesday, May 23rd. Zacks Investment Research raised shares of UBS AG from a “sell” rating to a “hold” rating and set a $19.00 price target for the company in a research report on Wednesday, May 10th. Finally, Rafferty Capital Markets lowered shares of UBS AG from a “buy” rating to a “hold” rating in a research report on Saturday, April 22nd. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. UBS AG currently has an average rating of “Hold” and a consensus price target of $16.64.
UBS AG Company Profile
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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