UniCredit S.p.A. Unsponsored ADR (UNCRY) – What Are Researchers Thinking About This Stock?

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has earned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of brokerages recently issued reports on UNCRY. Citigroup restated a “buy” rating on shares of UniCredit in a report on Monday, September 28th. Royal Bank Of Canada began coverage on shares of UniCredit in a report on Tuesday, September 15th. They issued a “hold” rating on the stock. Barclays reiterated an “overweight” rating on shares of UniCredit in a report on Friday, July 24th. Finally, Morgan Stanley restated an “overweight” rating on shares of UniCredit in a research note on Wednesday, September 2nd.

UniCredit Price Performance

OTCMKTS UNCRY opened at $40.20 on Friday. UniCredit has a 52 week low of $33.63 and a 52 week high of $50.28. The stock has a fifty day moving average of $46.41 and a 200-day moving average of $44.59.

About UniCredit

UniCredit S.p.A. is a European commercial and investment banking group headquartered in Milan, Italy. The company provides banking and financial services to individuals, businesses and institutions, including current accounts, consumer and residential lending, payment services, deposits, investment products, wealth management and corporate finance.

UniCredit serves customers primarily across Italy, Germany and Austria, as well as selected markets in Central and Eastern Europe. Its corporate and investment banking operations offer lending, transaction banking, capital-markets services, advisory and risk-management solutions, while its wealth-management business provides investment and private-banking services.

The modern UniCredit group was established in 1998 through the combination of several Italian banks and expanded through subsequent mergers and acquisitions, including the integration of Germany’s HypoVereinsbank and Austria’s Bank Austria.