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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have received an average rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of research firms recently weighed in on UNCRY. Keefe, Bruyette & Woods raised shares of UniCredit from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 16th. Citigroup reissued a “buy” rating on shares of UniCredit in a report on Thursday, February 12th. Finally, Morgan Stanley upgraded shares of UniCredit from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 10th.

UniCredit Stock Performance

UNCRY stock opened at $36.11 on Friday. The firm has a 50 day moving average of $42.16 and a 200-day moving average of $39.55. UniCredit has a 12 month low of $22.61 and a 12 month high of $47.14.

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.