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

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has been given an average rating of “Buy” by the seven research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

Several analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of UniCredit in a research note on Wednesday, May 6th. Erste Group Bank cut shares of UniCredit from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th.

UniCredit Price Performance

Shares of UNCRY opened at $46.95 on Friday. The company’s fifty day moving average is $43.07 and its two-hundred day moving average is $41.41. UniCredit has a 1 year low of $33.18 and a 1 year high of $47.45.

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.