William L. Moore
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William L. Moore in Insider trading,

Here's How UBS' Dividend Yield Could Reach 10% By 2020

UBS Group AG (USA) UBS has lagged its peers despite having assets under management of 3 trillion Swiss francs — a number that could only grow in the fourth quarter, according to Bank of America Merrill Lynch.

The firm gave a positive assessment of the company, assuming a 100 percent payout by 2020.

The Analyst

BofA Merrill Lynch analyst Andrew Stimpson issued an upgrade note on UBS on Friday.

The Rating

Stimpson upgraded UBS from Neutral to Buy and upped the price target from 18.50 francs to 20 francs. Read more

There is actually some growth potential due to stochastics. The price will try to reach the upper edge of the rising channel.