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

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have been given a consensus recommendation of “Buy” by the seven brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

UNCRY has been the subject of a number of research reports. Erste Group Bank lowered shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley reissued an “overweight” rating on shares of UniCredit in a research note on Wednesday, May 6th.

UniCredit Price Performance

Shares of OTCMKTS:UNCRY opened at $46.21 on Monday. The firm has a fifty day moving average of $41.45 and a two-hundred day moving average of $40.80. UniCredit has a 12-month low of $31.41 and a 12-month high of $47.14.

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.