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

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) has earned an average rating of “Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

Several research firms recently issued reports on UNCRY. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research report on Wednesday, May 6th. Erste Group Bank cut UniCredit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th.

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UniCredit Price Performance

UNCRY stock opened at $42.40 on Monday. UniCredit has a 12-month low of $31.41 and a 12-month high of $47.14. The stock’s 50 day simple moving average is $40.64 and its 200 day simple moving average is $40.53.

About UniCredit

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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.

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