UniCredit SpA (UCG) Given Average Recommendation of “Buy” by Analysts
UniCredit SpA (BIT:UCG) has received an average rating of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is €3.15 ($3.71).
UCG has been the topic of several research analyst reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of UniCredit SpA in a report on Wednesday, September 6th. J P Morgan Chase & Co reiterated a “buy” rating on shares of UniCredit SpA in a report on Tuesday, October 3rd. Finally, UBS AG reiterated a “neutral” rating on shares of UniCredit SpA in a report on Thursday.
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UniCredit SpA (BIT:UCG) opened at 16.91 on Friday. The company’s market cap is €37.48 billion. UniCredit SpA has a 1-year low of €9.30 and a 1-year high of €18.38. The stock has a 50 day moving average price of €17.42 and a 200-day moving average price of €16.62.
UniCredit SpA Company Profile
UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on eight business lines: Commercial Banking Italy, Centrum and Easter Europe (CEE) Division, Corporate and Investment Banking (CIB), Commercial Banking Germany, Poland, Commercial Banking Austria, Asset Management and Asset Gathering.
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