UniCredit (OTCMKTS:UNCFF) Upgraded to Outperform at Credit Suisse Group

Credit Suisse Group upgraded shares of UniCredit (OTCMKTS:UNCFF) from a neutral rating to an outperform rating in a report released on Thursday, The Fly reports.

A number of other research firms have also recently commented on UNCFF. Deutsche Bank Aktiengesellschaft restated a hold rating on shares of UniCredit in a research report on Friday, May 7th. Morgan Stanley reiterated an overweight rating on shares of UniCredit in a report on Thursday, May 20th. Jefferies Financial Group upgraded UniCredit from a hold rating to a buy rating in a report on Monday. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded UniCredit from a neutral rating to a buy rating in a report on Wednesday. Finally, UBS Group reiterated a buy rating on shares of UniCredit in a report on Monday, May 17th. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $13.00.

UNCFF opened at $13.35 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.04 and a quick ratio of 1.04. UniCredit has a 12 month low of $7.30 and a 12 month high of $13.55. The company has a fifty day moving average price of $11.49.

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, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.

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