UniCredit (UCG) Stock Rating Reaffirmed by Morgan Stanley

UniCredit (BIT:UCG)‘s stock had its “neutral” rating reiterated by stock analysts at Morgan Stanley in a report issued on Thursday.

Several other brokerages have also recently weighed in on UCG. UBS Group reaffirmed a “neutral” rating on shares of UniCredit in a research report on Tuesday, December 12th. Goldman Sachs Group restated a “buy” rating on shares of UniCredit in a research report on Wednesday, December 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of UniCredit in a report on Monday, November 27th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy”.

Shares of UniCredit (BIT UCG) traded down €0.08 ($0.10) during midday trading on Thursday, reaching €17.76 ($21.93). 33,540,000 shares of the company traded hands, compared to its average volume of 14,960,000. UniCredit has a twelve month low of €11.93 ($14.73) and a twelve month high of €18.38 ($22.69).

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About UniCredit

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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