UniCredit S.p.A. (OTCMKTS:UNCRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of UniCredit S.p.A. (OTCMKTS:UNCRYGet Rating) have earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $14.20.

Several research firms have recently issued reports on UNCRY. The Goldman Sachs Group began coverage on UniCredit in a research report on Friday, May 27th. They issued a “buy” rating on the stock. Credit Suisse Group raised their price target on UniCredit from €13.80 ($14.53) to €14.00 ($14.74) in a research report on Tuesday, May 10th. Societe Generale lowered UniCredit from a “buy” rating to a “hold” rating in a research report on Tuesday, March 22nd. Deutsche Bank Aktiengesellschaft reduced their price target on UniCredit from €15.50 ($16.32) to €14.60 ($15.37) in a research report on Tuesday, May 10th. Finally, Morgan Stanley reduced their price target on UniCredit from €19.50 ($20.53) to €16.50 ($17.37) in a research report on Tuesday, April 26th.

OTCMKTS:UNCRY opened at $5.48 on Thursday. UniCredit has a 12-month low of $4.10 and a 12-month high of $9.05. The stock’s fifty day simple moving average is $5.13 and its 200-day simple moving average is $6.27.

About UniCredit (Get Rating)

UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance products, as well as digital and mobile banking services. The company also provides solutions for payments and liquidity, working capital, hedging, international trade, and treasury operations; and funding solutions comprising of structured, project, and commodity trade and export finance, as well as debt and equity funding; and structured investments and investments advisory solutions.

See Also

Analyst Recommendations for UniCredit (OTCMKTS:UNCRY)

Receive News & Ratings for UniCredit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniCredit and related companies with MarketBeat.com's FREE daily email newsletter.