UniCredit (OTCMKTS:UNCRY) Reaches New 52-Week High – What’s Next?

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) hit a new 52-week high on Tuesday . The stock traded as high as $41.25 and last traded at $41.1350, with a volume of 9090 shares trading hands. The stock had previously closed at $39.69.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. DZ Bank upgraded shares of UniCredit to a “strong-buy” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group raised shares of UniCredit to a “strong-buy” rating in a research report on Thursday, September 25th. Citigroup upgraded shares of UniCredit to a “strong-buy” rating in a research report on Wednesday, August 27th. Finally, Zacks Research downgraded shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 29th. Three research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, UniCredit has an average rating of “Buy”.

UniCredit Price Performance

The company’s fifty day simple moving average is $37.20 and its 200 day simple moving average is $36.57.

UniCredit Company Profile

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.