UniCredit (OTCMKTS:UNCRY) Sets New 52-Week High – Here’s What Happened

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) reached a new 52-week high during trading on Thursday . The stock traded as high as $42.10 and last traded at $42.08, with a volume of 18700 shares changing hands. The stock had previously closed at $41.71.

Wall Street Analyst Weigh In

Several analysts have issued reports on UNCRY shares. Keefe, Bruyette & Woods upgraded shares of UniCredit from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 16th. Citigroup restated a “buy” rating on shares of UniCredit in a report on Monday, January 5th. Finally, The Goldman Sachs Group upgraded UniCredit to a “strong-buy” rating in a research report on Thursday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, UniCredit has an average rating of “Buy”.

UniCredit Stock Performance

The firm’s 50 day moving average price is $39.34 and its 200 day moving average price is $37.89.

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.