UBS Group AG (UBS) Receives a Hold from Citi
Confident Investing Starts Here:
According to TipRanks, Coombs is a 5-star analyst with an average return of 17.5% and a 74.88% success rate. Coombs covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Standard Chartered.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UBS Group AG with a $37.57 average price target.
Based on UBS Group AG's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $11.38 billion and a net profit of $1.69 billion. In comparison, last year the company earned a revenue of $11.94 billion and had a net profit of $1.76 billion
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UBS in relation to earlier this year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
2 hours ago
- Business Insider
Citi Remains a Buy on Temple & Webster Group Ltd (TPLWF)
Citi analyst Sam Teeger maintained a Buy rating on Temple & Webster Group Ltd today and set a price target of A$27.26. The company's shares closed last Tuesday at $17.68. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Teeger covers the Consumer Cyclical sector, focusing on stocks such as Breville Group , Lovisa Holdings Ltd., and Collins Foods . According to TipRanks, Teeger has an average return of 2.6% and a 42.63% success rate on recommended stocks. In addition to Citi, Temple & Webster Group Ltd also received a Buy from Morgan Stanley's James Bales in a report issued on August 4. However, on July 30, J.P. Morgan maintained a Hold rating on Temple & Webster Group Ltd (Other OTC: TPLWF).
Yahoo
2 hours ago
- Yahoo
Global personal wealth: Which countries have the highest shares in Europe?
Did you know EU countries hold only 16.6% of the world's personal wealth? In Europe, this rises to 22.3% when four more countries are included. The US holds more than a third, and China about a fifth. Together, these two powers control 54% of world's wealth according to UBS's Global Wealth Report 2025. The UBS report covers 56 countries and markets, representing over 92% of global wealth. But which European countries hold the largest shares of the world's personal wealth? And what is the total personal wealth of each country? Euronews Business takes a deep dive. Where in Europe holds the largest share of the world's personal wealth? According to the report, global personal wealth reached $471 trillion (€435 trillion) by the end of 2024. The US holds the largest share at 34.7% (€150.9 trillion), followed by China with 19.4% (€84.2 trillion). Japan ranks third with 4.5% (€19.7 trillion). Europe—including the EU, UK, Switzerland, Norway, and Turkey—holds 22.3% of global personal wealth. In Europe, the UK holds the highest share of global personal wealth at 3.84%, closely followed by Germany at 3.76%. France is not far behind with a 3.3% share. Italy (2.25%) and Spain (1.95%) complete the top five in Europe. Not surprisingly, Europe's five largest economies take the top five spots on this list. Related Educated but still unemployed: How does unemployment vary among university graduates across Europe? No holiday for 42 million EU workers: Where is holiday the most unaffordable in Europe? China larger than Europe's top five combined The combined share of Europe's top five economies (15.1%)—France, Germany, Italy, Spain and UK—is still significantly behind China's share of global personal wealth (19.4%). The Netherlands (1.14%) and Switzerland (1.04%) each hold shares above 1%. The global wealth shares of other European countries are far below this threshold. Nineteen out of 31 countries have shares of less than 0.4%. For several countries, the global wealth share is below 0.1%. They included Luxembourg, Bulgaria, Slovakia, Slovenia, Lithuania, Latvia, Cyprus, Estonia and Malta. In nominal terms, the UK holds €16.7 trillion in personal wealth, followed by Germany (€16.4 trillion) and France (€14.3 trillion). No other European country exceeds the €10 trillion mark. Country totals, not wealth per person It is important to note that these figures show total wealth and national shares. They do not indicate which countries are richer or wealthier at the individual level. Wealth per adult is the measure used for that comparison. In general, countries with higher gross domestic product (GDP) tend to have larger shares of global personal wealth, as shown by the top five European economies. While GDP levels vary greatly, this pattern also applies to several other countries. As for why the US and China hold more than half of global wealth, the report notes: 'A combination of high wealth per adult and a large population makes the US stand out by holding almost 35% of the entire wealth measured in USD. Mainland China, thanks to its large population, holds almost 20% of personal wealth.' Related UK job vacancies fall at a slower pace while wage growth holds steady German economic sentiment tumbles as EU–US trade deal underwhelms Wealth rises in Eastern Europe, declines in the west The overall global increase was faster than the previous year, rising from 4.2% to 4.6% in USD terms. But global wealth growth was uneven, as the total hides clear differences between regions. Eastern Europe recorded the largest jump in total personal wealth in 2024—over 12% increased compared with 2023, slightly ahead of North America. It added 28,000 new millionaires, a 2.9% increase, making the region a strong engine of growth. Total personal wealth in Greater China grew by 3.4% from 2023 to 2024, outpacing Southeast Asia's 2.7%. The Middle East & Africa rose 4.2%, making it the only other region with positive growth. Western Europe and Oceania (both -1.5%) and Latin America (-4.3%) all saw declines, after adjusting for population size. What is personal wealth? Wealth or net worth is defined as the value of financial assets and real assets (principally housing) owned by private individuals, less their debts according to the report. Private pension fund assets are included, but not entitlements to state pensions. Wealth per adult rose in most European countries between 2023 and 2024, though a few saw declines. The Euronews article 'Where in Europe did people's net worth increase the most?' shows how this changed at the personal level. Meanwhile, the richest 10% in the eurozone held 57.3% of total net household wealth in the final quarter of 2024, you can read more on how wealth inequality varies widely across Europe here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 hours ago
- Yahoo
Singapore's Temasek prices $1.5 billion US dollar fixed and floating-rate bonds
(Reuters) -Singapore's state investor Temasek said on Thursday its unit priced two U.S. dollar-denominated bonds totaling $1.5 billion, a day after launching the offer under its $25 billion medium-term note program. The unit, Temasek Financial (I), priced two $750 million two-year bonds, one with a 3.75% fixed rate and the other priced at a spread of 38 basis points over the Secured Overnight Financing Rate, the state investor said in a filing on the Singapore Exchange. The unit intends to use the net proceeds from the bond issuance to support Temasek and its investment holding companies in funding their ordinary course of business, the company said. Citi, Bank of America, Morgan Stanley and Societe Generale are the joint bookrunners. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
