UniCredit (OTCMKTS:UNCRY) Sets New 52-Week High – Here’s What Happened

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRYGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $50.15 and last traded at $50.13, with a volume of 7526 shares. The stock had previously closed at $48.93.

Analyst Ratings Changes

UNCRY has been the subject of a number of recent research reports. Zacks Research raised UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Barclays restated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

View Our Latest Analysis on UniCredit

UniCredit Price Performance

The business’s fifty day simple moving average is $47.11 and its 200-day simple moving average is $42.78.

UniCredit Company Profile

(Get Free Report)

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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