Deutsche Bank Raises PT on UBS Group (UBS), Keeps a Buy Rating

UBS Group AG (NYSE:UBS) is one of the Best European Bank Stocks to Buy According to Hedge Funds. On May 13, Deutsche Bank analyst Benjamin Goy raised its price target on UBS Group AG (NYSE:UBS) from CHF 39 to CHF 40 and maintained a Buy rating on the shares.

​Deutsche Bank’s rating comes after UBS announced fiscal Q1 2026 earnings on April 29. During the quarter, the bank posted $3.0 billion in net profits, representing 80% year-over-year growth and beating the average estimate of $2.3 billion. Management noted the standout drivers to be record trading revenue in its investment banking division, where income surged 27%, driven by market turbulence linked to the Iran war. Moreover, global wealth management added $37 billion in net new assets, with a notable $5.3 billion inflow from the Americas reversing prior-quarter outflows in that key growth market

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​A recent report by Reuters highlighted that despite strong results, the attention has shifted towards regulatory pressures from Switzerland’s newly proposed banking bill, which could require UBS to raise an additional $20 billion in core capital.

​The report noted that while UBS Group AG (NYSE:UBS) has reaffirmed its commitment to at least $3 billion in share buybacks for 2026, CEO Sergio Ermotti cautioned that second-half buyback ambitions hinge on greater clarity from parliament on capital rules.

​UBS Group AG (NYSE:UBS) is a global financial institution that provides wealth management, personal and corporate banking, asset management, and investment banking services to private, institutional, and corporate clients worldwide.

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