Jefferies Group Comments on Unicredit Spa’s FY2019 Earnings (UNCFF)

Unicredit Spa (OTCMKTS:UNCFF) – Research analysts at Jefferies Group raised their FY2019 earnings per share (EPS) estimates for shares of Unicredit in a note issued to investors on Monday. Jefferies Group analyst B. Creelan-Sandf now anticipates that the financial services provider will earn $2.46 per share for the year, up from their previous forecast of $2.40. Jefferies Group also issued estimates for Unicredit’s FY2020 earnings at $2.75 EPS.

Separately, ValuEngine raised Unicredit from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Unicredit currently has a consensus rating of “Buy” and a consensus price target of $24.00.

Unicredit (UNCFF) traded down $0.30 during midday trading on Tuesday, hitting $21.47. The stock had a trading volume of 3,500 shares, compared to its average volume of 7,200. Unicredit has a 12 month low of $12.80 and a 12 month high of $22.50.

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Unicredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company primarily operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Central Eastern Europe, Corporate & Investment Banking, Asset Gathering, Non-core, and Governance/Group Corporate Centre segments.

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