Julius Baer: UBS raises target price

(CercleFinance.com) - UBS has reaffirmed its 'buy' recommendation on Julius Baer, and raised its target price from 57.
8 CHF to 60 CHF, a new target that represents 8% upside potential for the Swiss wealth management bank's shares.

In its summary, the broker points to higher forecasts for 2025-26, thanks to higher assets under management (AuM) offsetting weak net new money (NNM) inflows.

Better capital underpins stronger share buybacks, UBS continues, adding that while questions remain over NNM generation, an improvement in NNM should come later.


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