Brokerages Set UniCredit S.p.A. (OTCMKTS:UNCFF) Target Price at $10.60

Shares of UniCredit S.p.A. (OTCMKTS:UNCFF) have earned a consensus recommendation of “Buy” from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $10.60.

UNCFF has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on UniCredit in a research report on Friday, July 2nd. They set a “hold” rating and a $10.60 price objective for the company. Citigroup raised UniCredit from a “neutral” rating to a “buy” rating in a report on Wednesday, June 9th. Zacks Investment Research lowered UniCredit from a “buy” rating to a “hold” rating in a report on Tuesday, September 7th. Berenberg Bank raised UniCredit from a “hold” rating to a “buy” rating in a report on Monday, May 24th. Finally, UBS Group reissued a “buy” rating on shares of UniCredit in a report on Friday, July 2nd.

OTCMKTS UNCFF traded down $0.23 on Friday, hitting $12.95. The company’s stock had a trading volume of 3,782 shares, compared to its average volume of 5,045. UniCredit has a 52-week low of $7.30 and a 52-week high of $13.55. The firm has a market cap of $29.01 billion, a P/E ratio of -8.63 and a beta of 1.38. The company’s 50-day simple moving average is $12.18 and its 200 day simple moving average is $11.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.81.

UniCredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.

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Analyst Recommendations for UniCredit (OTCMKTS:UNCFF)

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