UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Given Consensus Recommendation of “Buy” by Brokerages

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has been given a consensus recommendation of “Buy” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company.

A number of research analysts have issued reports on the company. Morgan Stanley raised UniCredit from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Keefe, Bruyette & Woods upgraded shares of UniCredit from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 16th. Finally, Citigroup reissued a “buy” rating on shares of UniCredit in a report on Monday, January 5th.

UniCredit Price Performance

Shares of UNCRY stock opened at $46.67 on Tuesday. UniCredit has a 52-week low of $22.61 and a 52-week high of $47.14. The business has a 50-day simple moving average of $41.54 and a 200-day simple moving average of $39.07.

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.