UniCredit SpA (UCG) Earns Neutral Rating from JPMorgan Chase & Co.
UniCredit SpA (BIT:UCG)‘s stock had its “neutral” rating reissued by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday.
Several other analysts have also issued reports on the stock. Citigroup Inc. restated a “buy” rating on shares of UniCredit SpA in a research report on Wednesday, August 24th. BNP Paribas set a €4.50 ($5.00) price target on shares of UniCredit SpA and gave the stock a “buy” rating in a research report on Monday, July 4th. Deutsche Bank AG set a €4.30 ($4.78) price target on shares of UniCredit SpA and gave the stock a “buy” rating in a research report on Monday, June 27th. Goldman Sachs Group Inc. restated a “buy” rating on shares of UniCredit SpA in a research report on Wednesday, July 13th. Finally, Morgan Stanley set a €3.30 ($3.67) price target on shares of UniCredit SpA and gave the stock a “neutral” rating in a research report on Wednesday, July 6th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €2.88 ($3.20).
UniCredit SpA (BIT:UCG) opened at 2.088 on Thursday. The stock has a 50 day moving average of €2.16 and a 200 day moving average of €2.48. UniCredit SpA has a 12-month low of €1.70 and a 12-month high of €6.17. The company has a market capitalization of €12.70 billion and a PE ratio of 6.735.
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About UniCredit SpA
UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas.
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