Press coverage about UBS (NYSE:UBS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. UBS earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.5232614647298 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Clients Want 100% Sustainable Investing, Says UBS’s Smiles (bloomberg.com)
- We Remain Overweight on Risk Assets, Global Equities, Says UBS’ Smiles (bloomberg.com)
- ‘Unloved’ Sonoco +2% as UBS starts coverage with Buy rating (seekingalpha.com)
- UBS’s Dennis Says Russia Attractive Despite Sanctions (bloomberg.com)
- Ermotti Says `Swissness’ Key for UBS Staying No. 1 in Wealth (wealthmanagement.com)
Shares of UBS stock traded down $0.08 during trading on Friday, reaching $17.45. The company’s stock had a trading volume of 1,513,126 shares, compared to its average volume of 2,407,098. The stock has a market cap of $67,565.83, a PE ratio of 16.31 and a beta of 1.33. UBS has a 52 week low of $15.10 and a 52 week high of $20.89. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.21 and a current ratio of 1.21.
UBS (NYSE:UBS) last announced its earnings results on Sunday, January 21st. The bank reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $7.31 billion during the quarter. UBS had a net margin of 3.16% and a return on equity of 7.96%. equities research analysts predict that UBS will post 1.63 earnings per share for the current fiscal year.
UBS announced that its Board of Directors has initiated a share buyback plan on Monday, January 22nd that allows the company to repurchase shares. This repurchase authorization allows the bank to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.
A number of equities analysts have commented on the stock. Zacks Investment Research cut shares of UBS from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 3rd. ValuEngine cut shares of UBS from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. JPMorgan Chase reaffirmed a “buy” rating on shares of UBS in a research report on Wednesday, March 7th. Morgan Stanley reaffirmed a “buy” rating on shares of UBS in a research report on Tuesday, February 13th. Finally, Credit Suisse Group raised shares of UBS from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 18th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $22.00.
UBS Company Profile
UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management division offers advisory and financial services to wealthy private clients.
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