UniCredit SpA (UCG) Receives Average Rating of “Buy” from Analysts

Shares of UniCredit SpA (BIT:UCG) have been given an average recommendation of “Buy” by the fourteen research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €16.88 ($19.63).

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. set a €19.00 ($22.09) target price on UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. Goldman Sachs Group set a €24.30 ($28.26) target price on UniCredit and gave the company a “buy” rating in a research report on Monday, August 6th. Berenberg Bank set a €18.00 ($20.93) target price on UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. Morgan Stanley set a €19.00 ($22.09) target price on UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. Finally, Jefferies Financial Group set a €20.00 ($23.26) target price on UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 7th.

UniCredit has a 1 year low of €12.82 ($14.91) and a 1 year high of €18.38 ($21.37).

UniCredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.

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Analyst Recommendations for UniCredit (BIT:UCG)

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