UniCredit SpA (OTCMKTS:UNCFF) Receives Average Recommendation of “Buy” from Brokerages

UniCredit SpA (OTCMKTS:UNCFF) has earned a consensus rating of “Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company.

Several research analysts recently commented on the stock. Credit Suisse Group upgraded shares of UniCredit from a “neutral” rating to an “outperform” rating in a report on Monday, November 25th. UBS Group upgraded shares of UniCredit from a “neutral” rating to a “buy” rating in a report on Monday. Zacks Investment Research upgraded shares of UniCredit from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. ValuEngine upgraded shares of UniCredit from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 3rd. Finally, Berenberg Bank reiterated a “buy” rating on shares of UniCredit in a report on Tuesday, November 12th.

Shares of UniCredit stock traded up $0.56 during midday trading on Friday, reaching $14.85. 3,249 shares of the company’s stock traded hands, compared to its average volume of 10,605. The company’s 50 day simple moving average is $13.52 and its 200 day simple moving average is $12.18. UniCredit has a 52 week low of $10.01 and a 52 week high of $14.85.

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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