UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have earned a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company.

UNCRY has been the subject of a number of research analyst reports. Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Barclays restated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Monday, July 27th.

UniCredit Trading Down 0.0%

OTCMKTS:UNCRY opened at $48.68 on Tuesday. The stock has a 50-day moving average price of $45.47 and a 200 day moving average price of $42.24. UniCredit has a 12-month low of $33.63 and a 12-month high of $49.31.

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.