UniCredit (OTCMKTS:UNCRY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of UniCredit (OTCMKTS:UNCRY) from a strong sell rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

UNCRY has been the topic of a number of other research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Wednesday, May 6th. Citigroup reaffirmed a “buy” rating on shares of UniCredit in a research note on Thursday, February 12th. Finally, Erste Group Bank downgraded shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

UniCredit Stock Performance

Shares of OTCMKTS:UNCRY opened at $41.65 on Wednesday. The firm has a fifty day moving average price of $38.66 and a 200 day moving average price of $39.96. UniCredit has a fifty-two week low of $31.32 and a fifty-two week high of $47.14.

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.