UniCredit (OTCMKTS:UNCRY) Rating Lowered to “Strong Sell” at Zacks Research

UniCredit (OTCMKTS:UNCRY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

UNCRY has been the topic of several other research reports. Erste Group Bank lowered UniCredit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Morgan Stanley raised UniCredit from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 10th. Finally, Citigroup reaffirmed a “buy” rating on shares of UniCredit in a research report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

UniCredit Stock Down 0.1%

UNCRY opened at $38.52 on Tuesday. UniCredit has a 52 week low of $28.07 and a 52 week high of $47.14. The business’s 50 day moving average is $39.23 and its two-hundred day moving average is $39.42.

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.