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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) have earned an average rating of “Buy” from the eight research firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several research firms recently issued reports on UNCRY. Barclays reaffirmed an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Morgan Stanley reissued an “overweight” rating on shares of UniCredit in a research report on Monday, July 27th. Finally, Zacks Research upgraded 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

OTCMKTS UNCRY opened at $49.03 on Friday. The company’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $42.83. UniCredit has a 52 week low of $33.63 and a 52 week high of $50.28.

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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