UniCredit (UCG) Given a €16.00 Price Target by JPMorgan Chase & Co. Analysts

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JPMorgan Chase & Co. set a €16.00 ($18.60) price objective on UniCredit (BIT:UCG) in a research report report published on Friday. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently commented on UCG. Cfra set a €13.00 ($15.12) target price on UniCredit and gave the company a buy rating in a report on Thursday. Jefferies Financial Group set a €18.40 ($21.40) target price on UniCredit and gave the company a buy rating in a report on Thursday. Credit Suisse Group set a €16.50 ($19.19) target price on UniCredit and gave the company a neutral rating in a report on Wednesday, August 8th. Royal Bank of Canada set a €19.50 ($22.67) price target on UniCredit and gave the company a buy rating in a research report on Thursday. Finally, HSBC set a €18.80 ($21.86) price target on UniCredit and gave the company a buy rating in a research report on Tuesday, August 14th. Two analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of Buy and an average price target of €17.23 ($20.03).

Shares of BIT UCG traded up €0.21 ($0.24) during mid-day trading on Friday, hitting €17.22 ($20.02). 26,190,000 shares of the company traded hands, compared to its average volume of 17,270,000. UniCredit has a 1 year low of €12.82 ($14.91) and a 1 year high of €18.38 ($21.37).

UniCredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.

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Analyst Recommendations for UniCredit (BIT:UCG)

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