UniCredit S.p.A. (OTCMKTS:UNCRY) Receives Consensus Rating of “Buy” from Brokerages

Shares of UniCredit S.p.A. (OTCMKTS:UNCRY) have been assigned an average recommendation of “Buy” from the nine brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

Several research analysts recently weighed in on UNCRY shares. UBS Group reiterated a “buy” rating on shares of UniCredit in a research report on Tuesday, October 5th. Barclays reiterated an “equal weight” rating on shares of UniCredit in a report on Monday, August 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of UniCredit in a report on Tuesday, August 3rd. Morgan Stanley restated an “overweight” rating on shares of UniCredit in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft upgraded UniCredit from a “hold” rating to a “buy” rating in a research note on Wednesday, October 6th.

Shares of OTCMKTS:UNCRY traded down $0.10 during midday trading on Friday, hitting $6.69. The company had a trading volume of 28,529 shares, compared to its average volume of 128,640. UniCredit has a twelve month low of $3.53 and a twelve month high of $6.96. The business’s 50-day simple moving average is $6.34 and its 200-day simple moving average is $5.95.

About UniCredit

UniCredit SpA engages in the provision of banking and financial solutions. It operates through the following segments: Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking (CIB), Central and Eastern Europe (CEE), Group Corporate Centre and Non-Core.

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Analyst Recommendations for UniCredit (OTCMKTS:UNCRY)

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