Trending tickers: UBS, H&M, Xiaomi and JD Sports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 28 2024
0mins
Source: Yahoo Finance
- UBS CEO Ermotti's Pay: Sergio Ermotti, CEO of UBS, earned 14.4m Swiss francs in 2023, making him the highest-paid European bank boss.
- H&M Financial Performance: H&M saw a surge in its shares by 15% after beating analyst expectations with a quarterly operating profit of 2.08bn Swedish crowns.
- Xiaomi's Electric Vehicle Launch: Xiaomi is set to launch its first electric vehicle, the SU7, aiming to offer a smart and affordable car below $69,424.
- JD Sports Trading Update: JD Sports Fashion reported flat like-for-like sales in the fourth quarter due to challenging trading conditions, but total sales grew by 3.6%.
- China's EV Market: Fitch Ratings predicts that the combined share of EVs and hybrids in China's auto sales will increase to 42-45% in 2024 from 36% in 2023.
Analyst Views on UBS
Wall Street analysts forecast UBS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for UBS is 45.75 USD with a low forecast of 37.61 USD and a high forecast of 60.17 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
8 Buy
2 Hold
3 Sell
Moderate Buy
Current: 47.910
Low
37.61
Averages
45.75
High
60.17
Current: 47.910
Low
37.61
Averages
45.75
High
60.17
About UBS
UBS Group AG is a Switzerland-based holding company and conducts its operations through UBS AG and its subsidiaries. The company operates as a wealth manager with focused asset management and investment banking capabilities and a capital-light and cash-generative business model. The Company comprises four business divisions: Global Wealth Management, which provides tailored advice and solutions to its clients around the globe; Personal & Corporate Banking division provides comprehensive financial products and services to private, corporate and institutional clients in Switzerland; Asset Management division offers investment capabilities and styles across all traditional and alternative asset classes, as well as advisory support to institutions; Investment Bank provides investment advice, financial solutions and capital markets access to institutional, corporate and wealth management clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
