UniCredit (OTCMKTS:UNCFF) Given Buy Rating at Berenberg Bank

UniCredit (OTCMKTS:UNCFF)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report released on Tuesday, AnalystRatings.com reports.

UNCFF has been the subject of several other reports. UBS Group cut UniCredit from a “buy” rating to a “neutral” rating in a report on Wednesday, July 24th. Zacks Investment Research raised UniCredit from a “sell” rating to a “hold” rating in a report on Thursday, August 22nd. Finally, ValuEngine cut UniCredit from a “sell” rating to a “strong sell” rating in a report on Monday. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. UniCredit currently has a consensus rating of “Hold”.

OTCMKTS:UNCFF traded down $0.29 during mid-day trading on Tuesday, hitting $13.74. 150 shares of the stock were exchanged, compared to its average volume of 6,482. The firm’s 50-day simple moving average is $12.46 and its 200 day simple moving average is $12.01. UniCredit has a fifty-two week low of $10.01 and a fifty-two week high of $14.73.

About UniCredit

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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