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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have commented on UNCRY shares. Morgan Stanley restated an “overweight” rating on shares of UniCredit in a research note on Wednesday. Barclays reissued an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Finally, Zacks Research upgraded UniCredit from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th.

UniCredit Stock Down 1.5%

Shares of UNCRY opened at $48.65 on Friday. UniCredit has a fifty-two week low of $33.63 and a fifty-two week high of $50.28. The firm’s 50 day moving average price is $47.58 and its 200 day moving average price is $42.97.

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.