WestLB Upgrades UBS AG to Neutral (UBS)

By admin | 6 years ago

UBS AG (NYSE: UBS) was upgraded by equities researchers at WestLB to a “neutral” rating in a report issued on Tuesday.

Shares of UBS AG traded down 1.88% during mid-day trading on Tuesday, hitting $12.03. UBS AG has a one year low of $10.41 and a one year high of $19.62. The company has a market cap of $45.425 billion and a P/E ratio of 13.61.

UBS AG last issued its quarterly earnings data on Wednesday, May 2nd. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.35 by $0.13. On average, analysts predict that UBS AG will post $0.39 earnings per share next quarter.

UBS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank (NYSE: DB) upgraded shares of UBS AG from a “sell” rating to a “hold” rating in a research note to investors on Wednesday, May 2nd. Separately, analysts at ISI Group downgraded shares of UBS AG from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, March 27th. Finally, analysts at Zacks upgraded shares of UBS AG from an “underperform” rating to a “neutral” rating in a research note to investors on Saturday, February 18th.

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.

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