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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have received a consensus rating of “Buy” from the six brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company.

A number of equities analysts recently commented on the company. Morgan Stanley upgraded UniCredit from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. Keefe, Bruyette & Woods upgraded UniCredit from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 16th. Finally, Citigroup reissued a “buy” rating on shares of UniCredit in a report on Monday, January 5th.

UniCredit Price Performance

UNCRY opened at $46.67 on Tuesday. The company’s 50 day simple moving average is $41.54 and its two-hundred day simple moving average is $39.07. UniCredit has a 1-year low of $22.61 and a 1-year high of $47.14.

About UniCredit

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.