Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
UNCRY has been the topic of several research analyst reports. Morgan Stanley restated an “overweight” rating on shares of UniCredit in a report on Wednesday, September 2nd. Barclays reaffirmed an “overweight” rating on shares of UniCredit in a report on Friday, July 24th. Royal Bank Of Canada assumed coverage on shares of UniCredit in a research report on Tuesday, September 15th. They set a “hold” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of UniCredit in a research report on Monday, September 28th.
View Our Latest Stock Analysis on UniCredit
UniCredit Trading Down 0.6%
Shares of UNCRY opened at $42.28 on Friday. The stock has a fifty day moving average price of $47.20 and a two-hundred day moving average price of $44.41. UniCredit has a 52-week low of $33.63 and a 52-week high of $50.28.
UniCredit Company Profile
UniCredit S.p.A. is a European commercial and investment banking group headquartered in Milan, Italy. The company provides banking and financial services to individuals, businesses and institutions, including current accounts, consumer and residential lending, payment services, deposits, investment products, wealth management and corporate finance.
UniCredit serves customers primarily across Italy, Germany and Austria, as well as selected markets in Central and Eastern Europe. Its corporate and investment banking operations offer lending, transaction banking, capital-markets services, advisory and risk-management solutions, while its wealth-management business provides investment and private-banking services.
The modern UniCredit group was established in 1998 through the combination of several Italian banks and expanded through subsequent mergers and acquisitions, including the integration of Germany’s HypoVereinsbank and Austria’s Bank Austria.
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