UniCredit SpA (UCG) Receives Consensus Recommendation of “Buy” from Analysts

Shares of UniCredit SpA (BIT:UCG) have been assigned a consensus recommendation of “Buy” from the five research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is €2.86 ($3.40).

Several research analysts recently weighed in on UCG shares. UBS Group restated a “neutral” rating on shares of UniCredit in a report on Thursday, October 26th. Citigroup reiterated a “buy” rating on shares of UniCredit in a research note on Monday, November 27th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of UniCredit in a research note on Tuesday, October 3rd. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of UniCredit in a research note on Wednesday, December 6th.

UniCredit (BIT UCG) opened at €17.48 ($20.81) on Friday. UniCredit has a twelve month low of €11.93 ($14.20) and a twelve month high of €18.38 ($21.88).

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UniCredit 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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