UniCredit SpA (OTCMKTS:UNCFF) Receives Consensus Recommendation of “Hold” from Analysts

UniCredit SpA (OTCMKTS:UNCFF) has been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company.

A number of research firms recently weighed in on UNCFF. ValuEngine downgraded UniCredit from a “sell” rating to a “strong sell” rating in a research report on Monday. Zacks Investment Research raised UniCredit from a “sell” rating to a “hold” rating in a research report on Thursday, August 22nd. UBS Group downgraded UniCredit from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 24th. Finally, Berenberg Bank reissued a “buy” rating on shares of UniCredit in a research report on Tuesday.

Shares of UNCFF traded down $0.24 during trading hours on Tuesday, hitting $13.79. 200 shares of the company were exchanged, compared to its average volume of 566. The firm has a fifty day simple moving average of $12.29 and a 200-day simple moving average of $12.00. UniCredit has a one year low of $10.01 and a one year high of $14.73.

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.

Further Reading: What is an inverted yield curve?

Receive News & Ratings for UniCredit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniCredit and related companies with MarketBeat.com's FREE daily email newsletter.