Unicaja Banco, S.A. (OTCMKTS:UNJCF) Receives Average Recommendation of “Strong Sell” from Analysts

Shares of Unicaja Banco, S.A. (OTCMKTS:UNJCF) have been assigned an average rating of “Strong Sell” from the six analysts that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company.

Several equities analysts have commented on UNJCF shares. Barclays cut shares of Unicaja Banco from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, July 14th. Morgan Stanley reiterated an “underweight” rating on shares of Unicaja Banco in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Unicaja Banco in a research note on Thursday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Unicaja Banco in a report on Monday, July 6th.

Unicaja Banco Stock Performance

Shares of Unicaja Banco stock opened at $3.05 on Friday. The business has a 50-day moving average of $3.05 and a 200 day moving average of $3.05. Unicaja Banco has a 12 month low of $2.23 and a 12 month high of $3.05.

About Unicaja Banco

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.