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 been assigned an average recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts recently commented on the stock. Erste Group Bank cut shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th.

UniCredit Stock Performance

Shares of OTCMKTS UNCRY opened at $46.95 on Friday. UniCredit has a one year low of $33.18 and a one year high of $47.45. The company’s fifty day moving average is $43.07 and its two-hundred day moving average is $41.41.

About UniCredit

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.