Shares of UniCredit SpA (BIT:UCG) have been assigned an average recommendation of “Buy” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is €14.60 ($16.98).
UCG has been the topic of several analyst reports. Royal Bank of Canada set a €16.00 ($18.60) target price on UniCredit and gave the stock a “buy” rating in a report on Wednesday, August 7th. Morgan Stanley set a €15.50 ($18.02) target price on UniCredit and gave the stock a “buy” rating in a report on Wednesday, August 7th. Goldman Sachs Group reissued a “buy” rating and issued a target price on shares of UniCredit in a report on Tuesday, August 6th. Deutsche Bank set a €15.00 ($17.44) target price on UniCredit and gave the stock a “buy” rating in a report on Friday, May 10th. Finally, HSBC set a €15.00 ($17.44) target price on UniCredit and gave the stock a “buy” rating in a report on Friday, August 9th.
UniCredit has a 1-year low of €12.82 ($14.91) and a 1-year high of €18.38 ($21.37).
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, and Fineco 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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