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In his latest research note, analyst Anke Reingen confirms his positive recommendation. The broker RBC is keeping its Buy rating. The target price is reduced from CHF 30 to CHF 28.
The Swiss bank affirmed key financial targets and set new ones, including an ambition for its wealth management arm to boost invested assets to $5 trillion by 2028 from $3.85 trillion currently
A survey of North American equities heading in both directions
Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.
In a research note, RBC analyst Anke Reingen has maintained his recommendation on the stock with a Buy rating. The target price is reduced from EUR 82 to EUR 77.