FY2022 EPS Estimates for UniCredit S.p.A. Increased by Jefferies Financial Group (OTCMKTS:UNCFF)

UniCredit S.p.A. (OTCMKTS:UNCFFGet Rating) – Analysts at Jefferies Financial Group raised their FY2022 earnings estimates for UniCredit in a note issued to investors on Wednesday, May 25th. Jefferies Financial Group analyst B. Creelan-Sandf now expects that the financial services provider will post earnings of $1.33 per share for the year, up from their previous forecast of $1.20. Jefferies Financial Group also issued estimates for UniCredit’s FY2023 earnings at $1.73 EPS and FY2024 earnings at $2.29 EPS.

Separately, Zacks Investment Research upgraded UniCredit from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 18th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $13.30.

UniCredit stock opened at $11.90 on Friday. UniCredit has a 12-month low of $8.35 and a 12-month high of $18.13. The business’s 50-day moving average price is $10.31 and its two-hundred day moving average price is $12.97.

About UniCredit (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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Earnings History and Estimates for UniCredit (OTCMKTS:UNCFF)

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