UniCredit (BIT:UCG) received a €17.10 ($19.88) target price from equities researchers at Goldman Sachs Group in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential downside of 0.70% from the company’s current price.
UCG has been the subject of a number of other reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of UniCredit in a research report on Tuesday, August 14th. HSBC set a €17.00 ($19.77) target price on UniCredit and gave the company a “buy” rating in a research report on Friday, November 16th. Royal Bank of Canada set a €20.00 ($23.26) target price on UniCredit and gave the company a “buy” rating in a research report on Friday, September 28th. UBS Group set a €18.30 ($21.28) target price on UniCredit and gave the company a “buy” rating in a research report on Friday, August 31st. Finally, Morgan Stanley set a €18.00 ($20.93) target price on UniCredit and gave the company a “buy” rating in a research report on Monday, September 10th. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of €17.02 ($19.79).
Shares of UniCredit stock opened at €17.22 ($20.02) on Wednesday. UniCredit has a one year low of €12.82 ($14.91) and a one year high of €18.38 ($21.37).
UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.
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