Positive Press Coverage Somewhat Unlikely to Impact UBS Group (UBS) Share Price

News articles about UBS Group (NYSE:UBS) have been trending positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. UBS Group earned a coverage optimism score of 0.42 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.4800775172376 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

UBS Group (NYSE:UBS) traded up $0.02 during trading on Friday, hitting $19.21. 1,830,000 shares of the stock traded hands, compared to its average volume of 2,960,000. The firm has a market cap of $73,950.00, a price-to-earnings ratio of 61.97 and a beta of 1.30. UBS Group has a one year low of $15.10 and a one year high of $20.89. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.72.

UBS Group declared that its board has authorized a stock repurchase program on Monday, January 22nd that permits the company to buyback outstanding shares. This buyback authorization permits the bank to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Several equities research analysts have issued reports on UBS shares. Zacks Investment Research upgraded shares of UBS Group from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Saturday, January 6th. Credit Suisse Group upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 18th. Societe Generale restated a “hold” rating on shares of UBS Group in a research note on Monday, October 30th. Barclays began coverage on shares of UBS Group in a research note on Tuesday, January 16th. They set an “underweight” rating on the stock. Finally, TheStreet upgraded shares of UBS Group from a “d” rating to a “c” rating in a research note on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $22.00.

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UBS Group 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.

Insider Buying and Selling by Quarter for UBS Group (NYSE:UBS)

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