UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Given Average Rating of “Buy” by Analysts

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has been assigned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several brokerages recently issued reports on UNCRY. Morgan Stanley reiterated an “overweight” rating on shares of UniCredit in a research note on Monday, July 27th. Zacks Research raised UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Barclays reaffirmed an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th.

UniCredit Trading Down 0.3%

UNCRY stock opened at $48.54 on Tuesday. The business’s 50 day moving average price is $45.58 and its two-hundred day moving average price is $42.29. UniCredit has a fifty-two week low of $33.63 and a fifty-two week high of $49.31.

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.