Summary:
- Cantor Fitzgerald is set to acquire UBS Group's O'Connor investment unit, enhancing its asset management capabilities.
- Wall Street analysts forecast a modest upside potential for UBS Group shares despite a current "Hold" recommendation.
- GuruFocus projects a slight downside in UBS Group's stock based on historical and estimated future performance metrics.
Cantor Fitzgerald has announced a strategic acquisition of O'Connor, the alternatives investment platform from UBS Group (NYSE: UBS). This unit, which manages approximately $11 billion in assets, is expected to integrate into Cantor's asset management sector by Q4. Despite the change in ownership, O'Connor will continue to serve its existing UBS clientele, maintaining service continuity and client satisfaction.
Wall Street Analysts' Forecast
Two leading analysts have provided one-year price targets for UBS Group AG (UBS, Financial), suggesting an average target price of $34.70. This projection includes a high estimate of $37.69 and a low estimate of $31.70. Currently priced at $32.04, the average target suggests a potential upside of 8.29%. For more detailed forecast data, visit the UBS Group AG (UBS) Forecast page.
Consistent with this cautious optimism, the average brokerage recommendation for UBS Group AG stands at 2.7. This indicates a "Hold" status on a scale where 1 represents a Strong Buy and 5 a Sell. The consensus from three brokerage firms suggests a balanced outlook as investors weigh the potential risks and rewards.
UBS Group AG's GF Value Estimation
According to GuruFocus estimates, UBS Group AG's estimated GF Value in one year is $31.11, indicating a slight downside of 2.9% from its current trading price of $32.04. The GF Value is a proprietary measure used to determine a stock's fair value, considering historical trading multiples and future business performance forecasts. Investors can access comprehensive data on the UBS Group AG (UBS, Financial) Summary page for more insights.
