5 Best European Bank Stocks To Invest In

Page 5 of 5

1. UBS Group AG (NYSE:UBS)

Number of Hedge Fund Investors In Q2 2023: 33

UBS Group AG (NYSE:UBS) is a diversified Swiss bank that was set up in 1862. After having acquired the troubled Swiss bank Credit Suisse earlier this year amidst worries of a European banking contagion, the firm’s stock scored a win in October after RBC Capital upgraded its shares to Outperform from Sector Perform and upgraded its share price target to ₣30 from ₣H20.

33 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in UBS Group AG (NYSE:UBS). Richard S. Pzena’s Pzena Investment Management owns the largest stake out of these, which is worth $124 million and comes via 6.1 million shares.

Follow U B S Ag (NYSE:UBS)

Disclosure: None. You can also take a look at 12 Defensive Healthcare Dividend Stocks To Invest In and Top 15 Tech Trends In 2023.

Follow Insider Monkey on Twitter

Page 5 of 5