Research Disclosures & Disclaimers

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published UBS Global Research products, including those related to
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BKW AG - Sponsored Research (BKWB.S)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (CHF)	Price Target (CHF)	Rating
2021-08-20	104.60	132.00	Buy
2021-09-29	101.00	134.00	Buy
2022-11-30	122.30	140.00	Buy
2023-02-07	133.70	146.00	Buy
2023-03-20	138.20	155.00	Buy
2023-06-06	143.40	150.00	Sell
2023-09-11	162.70	153.00	Sell
2023-12-03	154.80	150.00	Sell
2024-03-27	138.30	151.00	Buy
2024-04-04	137.20	150.00	Buy
2024-11-14	147.60	160.00	Buy

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
UBS expects to receive or intend to seek compensation for investment banking services from this company/entity within the next three months.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS has entered into a contract with SIX whereby UBS may (at its discretion) provide research coverage about issuers nominated by SIX. Under the terms of that contract UBS will receive a flat fee of CHF 30,000 per annum from SIX for a period of two years from the time of initiation for the creation and dissemination of research about the relevant issuer. This issuer is covered by UBS pursuant to that contract.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.