UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have been given an average rating of “Buy” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating on the company.

UNCRY has been the subject of a number of research reports. Morgan Stanley raised shares of UniCredit from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 10th. Citigroup reiterated a “buy” rating on shares of UniCredit in a research note on Thursday, February 12th. Finally, Keefe, Bruyette & Woods raised shares of UniCredit from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 16th.

UniCredit Stock Performance

OTCMKTS:UNCRY opened at $36.29 on Wednesday. The stock has a 50-day moving average price of $40.37 and a 200 day moving average price of $39.25. UniCredit has a 12-month low of $22.61 and a 12-month high of $47.14.

About UniCredit

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.