UniCredit (OTCMKTS:UNCFF) Rating Increased to Hold at Zacks Investment Research

UniCredit (OTCMKTS:UNCFF – Get Rating) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “UniCredit SpA is a commercial bank. It offers banking, asset management, pension fund, brokerage, leasing, factoring, transactional advisory, money markets and currency exchange, investment project financing, mergers and acquisitions, and debt securities issue services. The company operates primarily in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Germany, Hungary, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. UniCredit SpA is headquartered in Milan, Italy. “

Shares of UNCFF traded up $0.15 during mid-day trading on Wednesday, reaching $10.10. 248 shares of the company’s stock were exchanged, compared to its average volume of 4,056. The company has a 50-day simple moving average of $10.26 and a two-hundred day simple moving average of $13.08. UniCredit has a 52-week low of $8.35 and a 52-week high of $18.13.

UniCredit Company Profile (Get Rating)

UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance products, as well as digital and mobile banking services. The company also provides solutions for payments and liquidity, working capital, hedging, international trade, and treasury operations; and funding solutions comprising of structured, project, and commodity trade and export finance, as well as debt and equity funding; and structured investments and investments advisory solutions.

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