UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Given Consensus Rating of “Moderate Buy” by Brokerages

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

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

UniCredit Trading Up 1.6%

Shares of UNCRY stock opened at $48.63 on Friday. UniCredit has a 1-year low of $33.63 and a 1-year high of $50.28. The stock’s fifty day simple moving average is $47.38 and its 200-day simple moving average is $42.88.

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.