UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report)’s stock price gapped up before the market opened on Monday. The stock had previously closed at $42.63, but opened at $45.68. UniCredit shares last traded at $45.54, with a volume of 226,730 shares traded.
Analyst Ratings Changes
Several research firms have issued reports on UNCRY. Citigroup restated a “buy” rating on shares of UniCredit in a research note on Monday, September 28th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a report on Wednesday, September 2nd. Barclays reiterated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Finally, Royal Bank Of Canada initiated coverage on UniCredit in a report on Tuesday, September 15th. They issued a “hold” rating for the company. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, UniCredit has an average rating of “Moderate Buy”.
Read Our Latest Report on UniCredit
UniCredit Price Performance
The firm’s 50-day moving average is $45.04 and its 200 day moving average is $43.39.
UniCredit Company Profile
UniCredit is a European banking group headquartered in Milan, Italy. It provides financial services to individuals, businesses and institutions, with activities spanning retail and commercial banking, corporate and investment banking, payments, and wealth management.
The group serves customers across Europe, with a presence in Italy, Germany, Austria and Central and Eastern European markets. Its offerings include deposit and lending products, financing and transaction services, and investment and advisory solutions.
UniCredit was formed in 1998 through the consolidation of several Italian banks.
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