RBC Capital Maintains UBS Group(UBS.US) With Buy Rating, Maintains Target Price $35.21
UBS Hires $400 Million Financial Advisor Team in Manchester, NH
Looking Into UBS Gr's Recent Short Interest
UBS Group: Raised target price to HK$38. Weak sales performance of Hong Kong tenants in the first quarter.
UBS Group released a report stating that Link Real Estate Investment Trust (00823) held a pre-silent period conference call for the first half of the 2025 fiscal year. Management indicated that Hong Kong tenant sales in the first quarter were weak, but there are signs of stability in the tenant sales decline in the second quarter of the 2025 fiscal year. The bank expects the stock price to react relatively neutrally to the conference content, raising the target price from HK$35.6 to HK$38, with a 'Neutral' rating. Management emphasized that Hong Kong's retail trade sales are facing challenges during structural adjustments, with Hong Kong tenant sales recording a 5.9% year-on-year decline in the first quarter of the 2025 fiscal year, showing weakness compared to the 0.4% growth in the 2024 fiscal year.
UBS Group: Preferring developer stocks, with Henderson Land and Kerry Properties as top choices.
UBS Group released a report stating that due to the cyclical downturn in the residential market, the bank is more bullish on developers rather than house rental companies because strong rental growth indicates a healthy potential supply/demand. The bank expects real estate sales and prices to stabilize as interest rates become more favorable. TaiKoo (01972), Henderson Land (00012), and Kerry PPT (00683) are its top picks. UBS Group stated that Hong Kong's retail sales in August decreased by 10.1% year-on-year, reaching only 29 billion Hong Kong dollars, slightly below the market consensus of a 9% year-on-year decline, but the year-on-year decline has slightly narrowed. The bank estimates that there are a significant number of Hong Kong people leaving the city, while on the other hand, the numbers
OpenAI Announces New $4B Credit Facility With Bank Consortium
UBS group referred to the USA economy as entering the "roaring 20s".
UBS Group believes that the US economy is gradually approaching the scene of the "Roaring 20s" of the last century, with a 50% chance of an upcoming prosperous economic cycle. The term "Roaring 20s" can be traced back to the same decade a century ago, when massive economic growth drove a construction boom, and household life became increasingly affluent. At that time, the general public may not have been aware of their good fortune, which is the phenomenon the United States is currently experiencing, as stated by Jason Draho, UBS Americas asset allocation manager. Although economists are concerned that unemployment rates may rise, leading to an economic recession or stagnation.
Sector Update: Financial Stocks Mixed in Late Afternoon
Market Chatter: UBS Makes More Than Half of Credit Suisse Bankers in Germany Redundant
Swiss National Bank welcomes a new president. Is there still follow-up on the Credit Suisse crisis investigation?
The new head of the Swiss National Bank will intervene in the Swiss parliament's investigation into how the Swiss authorities handled the collapse of UBS, and the investigation results will be announced in the coming weeks.
Sector Update: Financial
Market Chatter: UBS in Talks With 360 One WAM for Wealth Management JV
UBS Poll: Wealthy Investors Favor Harris, Business Owners Prefer Trump -- Barrons.com
Citi Maintains UBS Group(UBS.US) With Hold Rating, Raises Target Price to $32.45
Unusual Options Activity: WYNN, UBS and Others Attract Market Bets, WYNN V/OI Ratio Reaches 222.2
Commerzbank Board Hires UBS for Potential UniCredit Deal Advice
$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
Fed Rate Cut Paves the Way for Banks to Exit Emergency Facility
UBS Group: Brent crude oil will rebound to over $80 per barrel.
ubs group analyst, Giovanni Staunovo, stated that oil traders are focusing on the slowdown in economic activity, but "moderate" supply growth "keeps the oil market in a state of undersupply". "Given that inventories are expected to continue to decline, we expect Brent to return to above $80 per barrel". Brent futures are currently trading at $73.84 per barrel. Production in Brazil is "noticeably weak" this year, and US crude oil supply growth is also slowing down. Due to the decrease in crude oil prices, US crude production will be sluggish next year, but will be supported by efficiency improvements and relief from inflation pressure. UBS no longer insists Brent crude will rise this year.
UBS Group: Downgrade oil price forecasts and target prices for the three major oil companies, with a preference for Sinopec among them.
UBS Group released a research report stating that it has adjusted the profit forecast for the 'Big Three Oil Companies,' expecting PetroChina (00857) to achieve profits of 69.3 billion, 68.4 billion, and 73 billion yuan for the fiscal years 2024 to 2026 respectively; for Sinopec (00386), the figures are 67 billion, 75.8 billion, and 84.8 billion yuan respectively; and for CNOOC (00883), the profits are projected to be 52.9 billion, 50.1 billion, and 54.2 billion yuan. They have also adjusted the target prices for the 'Big Three Oil Companies,' which includes lowering the target price of PetroChina from 10.4 Hong Kong dollars to 9.7 Hong Kong dollars; and lowering the target price of Sinopec from 6.6 Hong Kong dollars.