Unicaja Banco, S.A. (OTCMKTS:UNJCF) Given Consensus Rating of “Strong Sell” by Brokerages

Unicaja Banco, S.A. (OTCMKTS:UNJCF) has earned an average recommendation of “Strong Sell” from the six analysts that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

Several analysts have weighed in on UNJCF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Unicaja Banco in a research note on Thursday, August 6th. Morgan Stanley reiterated an “underweight” rating on shares of Unicaja Banco in a research note on Thursday, July 2nd. Barclays downgraded Unicaja Banco from an “equal weight” rating to an “underweight” rating in a report on Tuesday, July 14th. Finally, Citigroup restated a “neutral” rating on shares of Unicaja Banco in a research report on Monday, August 10th.

Unicaja Banco Stock Performance

Shares of Unicaja Banco stock opened at $3.05 on Wednesday. Unicaja Banco has a 12-month low of $2.23 and a 12-month high of $3.05. The company has a 50-day simple moving average of $3.05 and a 200 day simple moving average of $3.05.

About Unicaja Banco

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.