UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Receives Consensus Recommendation of “Buy” from Analysts

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has earned an average rating of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company.

Several research firms have recently issued reports on UNCRY. Citigroup reiterated a “buy” rating on shares of UniCredit in a research note on Thursday, February 12th. Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Morgan Stanley reiterated an “overweight” rating on shares of UniCredit in a research note on Wednesday, May 6th. Finally, Erste Group Bank lowered shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd.

UniCredit Trading Down 0.4%

OTCMKTS UNCRY opened at $42.60 on Thursday. UniCredit has a 1 year low of $31.41 and a 1 year high of $47.14. The company has a fifty day moving average price of $39.05 and a 200-day moving average price of $40.11.

About UniCredit

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.