UniCredit SpA’s (UCG) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of UniCredit SpA (BIT:UCG) in a report published on Thursday morning.

A number of other equities research analysts have also issued reports on the stock. Citigroup Inc. reissued a buy rating on shares of UniCredit SpA in a research note on Wednesday, August 24th. BNP Paribas set a €4.50 ($5.00) price target on shares of UniCredit SpA and gave the company a buy rating in a report on Monday, July 4th. Deutsche Bank AG set a €4.30 ($4.78) price target on shares of UniCredit SpA and gave the company a buy rating in a report on Monday, June 27th. Goldman Sachs Group Inc. restated a buy rating on shares of UniCredit SpA in a report on Wednesday, July 13th. Finally, Morgan Stanley set a €3.30 ($3.67) price target on shares of UniCredit SpA and gave the company a neutral rating in a report on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. UniCredit SpA presently has a consensus rating of Hold and a consensus target price of €2.88 ($3.20).

Analyst Recommendations for UniCredit SpA (BIT:UCG)

UniCredit SpA (BIT:UCG) opened at 2.114 on Thursday. The stock’s 50 day moving average is €2.16 and its 200 day moving average is €2.48. UniCredit SpA has a 12 month low of €1.70 and a 12 month high of €6.17. The company has a market cap of €12.86 billion and a PE ratio of 6.819.

UniCredit SpA Company Profile

UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas.

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