UBS Group : Q2 2020 – upside potential now in line with the sector average
>Neutral vs Reduce – Upside now in line with the average - We upgrade our rating to Neutral from Reduce for three reasons:Relative potential: we downgraded UBS when we published our cross-sector COVID report. UBS then offered upside of “just†35% versus over 50% for the sector. The change in sector perception has closed the gap in terms of upside potential: UBS now harbours upside of +15% in line with the median for our banking stock coverage (+13%).Fundamen...UBS Group is a holding company. Through its subsidiary, UBS, Co. provides financial services including advisory services, underwriting, financing, market making, asset management and brokerage and retail banking. Co.'s operations are organized along five segments: Wealth Management (financial services to high net worth and ultra high net worth individuals as well as private and corporate clients); Wealth Management Americas (advice-based solutions for ultra high net worth, high net worth and core affluent individuals and families); Personal & Corporate Banking (provides financial products and services to private, corporate and institutional clients); Asset Management and Investment Bank.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.