April 15 (Bloomberg) -- UBS AG, Switzerland’s biggest bank, had its share-price target raised by analysts at JPMorgan Cazenove as they forecast improved earnings at the investment bank.

The analysts, led by London-based Kian Abouhossein, said in a note to clients today that they increased their 2011 earnings- per-share estimate to 2.25 francs ($2.14) from 2 francs and raised the share-price target to 23 francs from 19 francs. They rate UBS “overweight.”

“We see UBS’s risk-reward as highly attractive for long- term shareholders,” the analysts wrote. For Chief Executive Officer Oswald Gruebel, “we think 2010 is the make or break year as shareholder goodwill is likely running out.”

Full stories : http://www.businessweek.com/news/2010-04-15/ubs-target-raised-by-jpmorgan-on-investment-bank-improvements.html