UniCredit (OTCMKTS:UNCRY) Given New €14.80 Price Target at Credit Suisse Group

UniCredit (OTCMKTS:UNCRYGet Rating) had its price objective increased by stock analysts at Credit Suisse Group from €13.40 ($13.67) to €14.80 ($15.10) in a note issued to investors on Thursday, The Fly reports. The firm presently has an “outperform” rating on the stock.

Several other research firms have also issued reports on UNCRY. JPMorgan Chase & Co. upped their price target on shares of UniCredit from €11.70 ($11.94) to €12.00 ($12.24) in a research report on Friday, July 8th. Barclays cut their price target on shares of UniCredit from €11.60 ($11.84) to €11.50 ($11.73) and set an “equal weight” rating for the company in a research report on Thursday, July 21st. The Goldman Sachs Group started coverage on shares of UniCredit in a research report on Friday, May 27th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft cut their price target on shares of UniCredit from €15.50 ($15.82) to €14.60 ($14.90) in a research report on Tuesday, May 10th. Finally, UBS Group cut their price target on shares of UniCredit from €15.40 ($15.71) to €12.20 ($12.45) in a research report on Wednesday, July 20th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $13.78.

UniCredit Stock Up 11.2 %

OTCMKTS:UNCRY traded up $0.48 during midday trading on Thursday, hitting $4.77. The company had a trading volume of 259,979 shares, compared to its average volume of 372,613. UniCredit has a 52-week low of $4.09 and a 52-week high of $9.05. The stock’s fifty day moving average price is $5.05 and its 200-day moving average price is $5.78.

About UniCredit

(Get Rating)

UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance products, as well as digital and mobile banking services. The company also provides solutions for payments and liquidity, working capital, hedging, international trade, and treasury operations; and funding solutions comprising of structured, project, and commodity trade and export finance, as well as debt and equity funding; and structured investments and investments advisory solutions.

Featured Articles

The Fly logo

Analyst Recommendations for UniCredit (OTCMKTS:UNCRY)

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.