UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Given Consensus Recommendation of “Buy” by Analysts

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has earned a consensus rating of “Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have issued a strong buy recommendation on the company.

A number of brokerages have recently commented on UNCRY. Zacks Research raised UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Erste Group Bank cut UniCredit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of UniCredit in a research report on Wednesday, May 6th.

UniCredit Price Performance

Shares of UNCRY opened at $42.40 on Monday. The business’s 50 day moving average price is $40.64 and its 200-day moving average price is $40.53. UniCredit has a 52 week low of $31.41 and a 52 week high of $47.14.

UniCredit Company Profile

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.