UBS proceeds to acquire full ownership of UBS Securities in China. This move is part of the bank's broader strategy to strengthen its presence in the nation.
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Arm Holdings PLC (NASDAQ:ARM) is a strong growth opportunity fueled by AI expansion, UBS analysts believe. The company's growing market share in PCs and data centers and durable returns on R&D investments has earned it a ‘Buy' rating in initial coverage from the investment bank.
Gold's weekly and yearly gains are outperforming the stock market.
UBS has raised its price target for Anglo American PLC (LSE:AAL) to 2,800p from 2,700p, citing the company's imminent restructuring plans. Analysts highlighted key developments expected in the next three months, including the sale of Anglo's metallurgical coal assets and the planned spin-out of its Anglo American Platinum (Amplats) division.
UBS initiated coverage of Broadridge with a Neutral rating and $250 price target. The analyst believes Broadridge is well positioned to deliver consistent recurring revenue growth in the mid- to high-single digits in the medium term, driven by favorable demographics and growing complexities in investment markets. However, with the stock's valuation is "fairly full," the analyst tells investors in a research note.
UBS initiated coverage of Ensign Group with a Buy rating and $175 price target. Ensign is a proven operator with a strong track record of acquiring and turning around underperforming facilities, typically generating 330 basis points of margin improvement within five quarters post acquisition, the analyst tells investors in a research note. The firm says the majority of the company's facilities have come through acquisitions and the fragmented nature of the skilled nursing facility industry allows for plenty of future acquisition opportunities. There are only a few operators in the sector poised to take advantage of the ongoing industry challenges, Ensign being one of them, contends UBS. It thinks the stock can see valuation expansion as investors start looking at the industry more post-pandemic.
UBS seeks to expand its U.S. banking license to simplify its operation, while the bank explores buyout opportunities to drive growth in its most crucial market.
Gold is looking a better bet than copper in 2025 according to analysts at UBS given risks to global growth, trade and investment. Copper is the metal for a growing world economy and gold is the haven play and it's that that UBS thinks will hold sway as the growth-inflation mix deteriorates.
Michael Lasser, UBS retail analyst, joins 'Squawk Box' to discuss Target's quarterly earnings results, the state of the consumer, and much more.
UBS has reaffirmed its buy rating on British Land Company PLC (LSE:BLND) with a 515p price target following the real estate investment trust's resilient first-half earnings. The price target implies a 36% upside to British Land's current share price of 379.4p.
UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next year promises to be the main challenge of the toughest phase in integrating its former rival.