UniCredit SpA Receives Conviction Buy List Rating from Goldman Sachs Group Inc. (UCG)
UniCredit SpA (BIT:UCG)‘s stock had its “conviction buy list” rating reiterated by analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Tuesday, American Banking News reports. They currently have a €7.50 ($10.42) price objective on the stock, up from their previous price objective of €6.10 ($8.47).
Shares of UniCredit SpA (BIT:UCG) traded up 5.01% on Tuesday, hitting €5.4500. The stock had a trading volume of 82,617,552 shares. UniCredit SpA has a one year low of €3.1640 and a one year high of €5.6800. The stock’s 50-day moving average is €4.91 and its 200-day moving average is €4.21. The company has a market cap of €31.032 billion and a P/E ratio of 53.51.
UniCredit SpA is Italy-based holding company engaged in the financial sector. The Company’s division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines.
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