Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
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ASR Nederland (ASRNL.AS)*

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 (€)	Price Target (€)	Rating
2022-04-08	42.94	40.00	Neutral
2022-07-14	38.06	39.00	Neutral
2022-09-15	42.57	40.50	Neutral
2022-11-29	43.20	42.50	Neutral
2023-01-12	42.69	37.50	Sell
2023-02-13	42.46	40.50	Sell
2023-04-11	39.25	48.00	Buy
2023-07-24	40.88	49.00	Buy
2023-09-15	41.89	48.00	Buy
2023-10-11	36.87	44.00	Buy
2023-12-01	42.09	47.50	Buy
2024-05-07	47.98	50.50	Buy
2024-05-28	46.62	50.50	Neutral
2024-07-10	44.97	47.00	Neutral
2024-11-18	45.62	51.50	Buy
2025-02-20	48.66	54.00	Buy
2025-05-23	55.72	60.00	Neutral

Disclosures

Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
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. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.