UniCredit S.p.A. (OTCMKTS:UNCRY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of UniCredit S.p.A. (OTCMKTS:UNCRYGet Rating) have received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.20.

Several brokerages recently weighed in on UNCRY. Morgan Stanley decreased their target price on UniCredit from €19.50 ($20.53) to €16.50 ($17.37) in a research note on Tuesday, April 26th. Deutsche Bank Aktiengesellschaft decreased their target price on UniCredit from €15.50 ($16.32) to €14.60 ($15.37) in a research note on Tuesday, May 10th. The Goldman Sachs Group began coverage on UniCredit in a research note on Friday, May 27th. They set a “buy” rating for the company. Societe Generale downgraded UniCredit from a “buy” rating to a “hold” rating in a research note on Tuesday, March 22nd. Finally, JPMorgan Chase & Co. decreased their target price on UniCredit from €12.00 ($12.63) to €11.70 ($12.32) and set a “neutral” rating for the company in a research note on Thursday, May 19th.

UNCRY opened at $5.48 on Thursday. The stock has a 50-day moving average of $5.13 and a 200-day moving average of $6.27. UniCredit has a 52-week low of $4.10 and a 52-week high of $9.05.

UniCredit Company Profile (Get Rating)

UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance products, as well as digital and mobile banking services. The company also provides solutions for payments and liquidity, working capital, hedging, international trade, and treasury operations; and funding solutions comprising of structured, project, and commodity trade and export finance, as well as debt and equity funding; and structured investments and investments advisory solutions.

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Analyst Recommendations for UniCredit (OTCMKTS:UNCRY)

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