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

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

A number of research analysts have commented on UNCRY shares. Morgan Stanley reiterated an “overweight” rating on shares of UniCredit in a research note on Monday, July 27th. Barclays reissued an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Finally, Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th.

UniCredit Stock Performance

Shares of OTCMKTS:UNCRY opened at $49.03 on Friday. The company has a fifty day simple moving average of $47.17 and a 200 day simple moving average of $42.83. UniCredit has a 12-month low of $33.63 and a 12-month high of $50.28.

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.