|Bid||176.90 x 800|
|Ask||178.00 x 800|
|Day's range||175.63 - 177.68|
|52-week range||154.86 - 186.84|
|Beta (5Y monthly)||0.57|
|PE ratio (TTM)||32.87|
|Forward dividend & yield||4.60 (2.68%)|
|Ex-dividend date||02 Mar 2023|
|1y target est||N/A|
UBS Group (SIX:UBSG) received one analyst upgrade and two downgrades after announcing its acquisition of Credit Suisse (SIX:CSGN) for around $3.3 billion with the help of Swiss regulators. Credit Suisse, which is Switzerland's second-largest bank after UBS, had been approaching the brink of collapse despite receiving an emergency credit line from the Swiss National Bank last week. ODDO BHF downgraded UBS to Underperform from Neutral, noting "very limited due diligence" around the merger deal and the impact the integration of Credit Suisse's operations will have on its growth initiatives.
By Peter Nurse
If you've fallen behind on funding your retirement, it's important to do what you can to get yourself on a path to recovery.