Brokerages Set UniCredit SpA (UCG) Target Price at $2.91

Shares of UniCredit SpA (BIT:UCG) have earned a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €2.91 ($3.10).

Several analysts have weighed in on the company. S&P Global Inc set a €2.80 ($2.98) price objective on UniCredit SpA and gave the stock a “neutral” rating in a report on Thursday, December 15th. Deutsche Bank AG set a €2.90 ($3.09) price objective on UniCredit SpA and gave the stock a “buy” rating in a report on Wednesday, December 14th. HSBC Holdings plc set a €2.86 ($3.04) price objective on UniCredit SpA and gave the stock a “buy” rating in a report on Friday, January 13th. Goldman Sachs Group Inc reissued a “buy” rating on shares of UniCredit SpA in a report on Monday, December 19th. Finally, BNP Paribas set a €2.80 ($2.98) price objective on UniCredit SpA and gave the stock a “neutral” rating in a report on Wednesday, December 14th.

UniCredit SpA (BIT:UCG) opened at 14.48 on Monday. The firm’s market capitalization is €8.81 billion. The firm has a 50 day moving average of €13.21 and a 200 day moving average of €12.12. UniCredit SpA has a one year low of €8.53 and a one year high of €19.26.

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UniCredit SpA Company Profile

UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on eight business lines: Commercial Banking Italy, Centrum and Easter Europe (CEE) Division, Corporate and Investment Banking (CIB), Commercial Banking Germany, Poland, Commercial Banking Austria, Asset Management and Asset Gathering.

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