UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Receives Average Rating of “Moderate Buy” from Brokerages

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

Several research analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of UniCredit in a research report on Thursday, February 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Wednesday, May 6th. Zacks Research cut shares of UniCredit from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 21st. Finally, Erste Group Bank cut shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd.

UniCredit Price Performance

UniCredit stock opened at $42.17 on Thursday. The business’s fifty day moving average is $38.62 and its two-hundred day moving average is $39.92. UniCredit has a 52 week low of $31.32 and a 52 week high of $47.14.

UniCredit Company Profile

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.