Analysts Set UniCredit S.p.A. (OTCMKTS:UNCFF) Target Price at $10.60

Shares of UniCredit S.p.A. (OTCMKTS:UNCFF) have been assigned an average rating of “Buy” from the sixteen brokerages that are currently covering the stock, Marketbeat reports. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $10.60.

A number of brokerages have issued reports on UNCFF. Berenberg Bank raised shares of UniCredit from a “hold” rating to a “buy” rating in a research report on Monday, May 24th. Citigroup upgraded shares of UniCredit from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 9th. Zacks Investment Research cut shares of UniCredit from a “buy” rating to a “hold” rating in a research note on Tuesday, September 7th. JPMorgan Chase & Co. restated a “neutral” rating on shares of UniCredit in a research note on Monday, June 14th. Finally, upgraded shares of UniCredit from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 9th.

Shares of OTCMKTS:UNCFF opened at $13.18 on Friday. The company’s 50 day simple moving average is $12.13 and its 200 day simple moving average is $11.73. The stock has a market capitalization of $29.52 billion, a price-to-earnings ratio of -8.79 and a beta of 1.38. UniCredit has a 1 year low of $7.30 and a 1 year high of $13.55. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 1.03.

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, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.

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Analyst Recommendations for UniCredit (OTCMKTS:UNCFF)

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