Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $43.38 and traded as high as $44.37. UniCredit shares last traded at $44.10, with a volume of 416,303 shares changing hands.
Analyst Ratings Changes
A number of research firms have weighed in on UNCRY. Royal Bank Of Canada began coverage on shares of UniCredit in a research report on Tuesday, September 15th. They set a “hold” rating for the company. Barclays restated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Wednesday, September 2nd. Finally, Citigroup reiterated a “buy” rating on shares of UniCredit in a research report on Monday, September 28th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.
View Our Latest Report on UNCRY
UniCredit Stock Performance
The firm has a 50-day moving average of $45.30 and a 200 day moving average of $43.38.
About UniCredit
UniCredit S.p.A. is a European commercial and investment banking group headquartered in Milan, Italy. The company provides banking and financial services to individuals, businesses and institutions, including current accounts, consumer and residential lending, payment services, deposits, investment products, wealth management and corporate finance.
UniCredit serves customers primarily across Italy, Germany and Austria, as well as selected markets in Central and Eastern Europe. Its corporate and investment banking operations offer lending, transaction banking, capital-markets services, advisory and risk-management solutions, while its wealth-management business provides investment and private-banking services.
The modern UniCredit group was established in 1998 through the combination of several Italian banks and expanded through subsequent mergers and acquisitions, including the integration of Germany’s HypoVereinsbank and Austria’s Bank Austria.
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