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 recommendation of “Buy” by the six brokerages that are currently covering the stock, MarketBeat.com reports. One 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.

UNCRY has been the topic of several recent research reports. Citigroup restated a “buy” rating on shares of UniCredit in a report on Thursday, February 12th. Keefe, Bruyette & Woods raised shares of UniCredit from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 16th. Finally, Morgan Stanley raised shares of UniCredit from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 10th.

UniCredit Stock Down 1.2%

UniCredit stock opened at $38.51 on Friday. UniCredit has a twelve month low of $22.61 and a twelve month high of $47.14. The stock’s fifty day simple moving average is $42.49 and its 200-day simple moving average is $39.62.

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.