Brokerages Set UniCredit SpA (UCG) Price Target at $16.88

Shares of UniCredit SpA (BIT:UCG) have received an average rating of “Buy” from the fourteen analysts that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is €16.88 ($19.63).

Several equities research analysts have issued reports on UCG shares. JPMorgan Chase & Co. set a €18.00 ($20.93) price target on shares of UniCredit and gave the stock a “buy” rating in a research note on Tuesday, September 4th. UBS Group set a €18.30 ($21.28) price target on shares of UniCredit and gave the stock a “buy” rating in a research note on Friday, August 31st. Jefferies Financial Group set a €18.40 ($21.40) price target on shares of UniCredit and gave the stock a “buy” rating in a research note on Friday, August 24th. Goldman Sachs Group set a €23.30 ($27.09) price target on shares of UniCredit and gave the stock a “buy” rating in a research note on Friday, August 24th. Finally, Royal Bank of Canada set a €21.00 ($24.42) price target on shares of UniCredit and gave the stock a “buy” rating in a research note on Friday, August 17th.

UniCredit has a 12 month low of €12.82 ($14.91) and a 12 month high of €18.38 ($21.37).

UniCredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.

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Analyst Recommendations for UniCredit (BIT:UCG)

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