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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have been given an average rating of “Buy” by the six ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has 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 issued reports on UNCRY. Keefe, Bruyette & Woods raised UniCredit from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 16th. Citigroup reaffirmed a “buy” rating on shares of UniCredit in a research note on Thursday. Finally, Morgan Stanley upgraded UniCredit from an “equal weight” rating to an “overweight” rating in a report on Tuesday.

UniCredit Price Performance

UniCredit stock opened at $43.70 on Tuesday. The company’s 50 day simple moving average is $41.92 and its 200-day simple moving average is $39.20. UniCredit has a 1 year low of $22.61 and a 1 year 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.