UniCredit (OTCMKTS:UNCRY) Upgraded at Zacks Research

UniCredit (OTCMKTS:UNCRY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other analysts have also commented on UNCRY. Citigroup reaffirmed a “buy” rating on shares of UniCredit in a research report on Thursday, February 12th. Erste Group Bank cut UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, Morgan Stanley restated an “overweight” rating on shares of UniCredit in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

UniCredit Trading Down 1.2%

OTCMKTS UNCRY opened at $41.65 on Wednesday. The business’s fifty day simple moving average is $38.66 and its 200-day simple moving average is $39.96. UniCredit has a 52 week low of $31.32 and a 52 week high of $47.14.

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.