UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

UNCRY has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of UniCredit in a research note on Monday. Barclays restated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a report on Wednesday, September 2nd. Finally, Royal Bank Of Canada initiated coverage on UniCredit in a research report on Tuesday, September 15th. They issued a “hold” rating on the stock.

UniCredit Stock Performance

UNCRY stock opened at $47.59 on Wednesday. The firm has a 50 day moving average of $48.15 and a 200-day moving average of $43.76. 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 a European commercial bank headquartered in Milan, Italy. The group provides banking and financial services to individuals, households, small and medium-sized businesses, large corporations, institutions and public-sector customers.

Its activities include retail and consumer banking, corporate and investment banking, wealth management, private banking, asset management, payments, lending, deposits and financial advisory services. UniCredit also offers services related to capital markets, trade finance and transaction banking.

UniCredit has a broad presence across Europe, with core operations in Italy, Germany and Austria and additional activities in Central and Eastern European markets.