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

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has been assigned an average recommendation of “Buy” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

A number of equities research analysts have issued reports on the stock. Erste Group Bank lowered shares of UniCredit from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of UniCredit in a report on Wednesday, May 6th.

UniCredit Stock Up 1.1%

Shares of OTCMKTS UNCRY opened at $47.10 on Friday. The firm’s fifty day moving average is $43.78 and its 200 day moving average is $41.61. UniCredit has a 52 week low of $33.18 and a 52 week high of $47.63.

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.