Goldman Sachs Group Inc Reaffirms “Buy” Rating for UniCredit SpA (UCG)

UniCredit SpA (BIT:UCG)‘s stock had its “buy” rating reiterated by analysts at Goldman Sachs Group Inc in a note issued to investors on Monday.

A number of other research analysts have also commented on UCG. HSBC Holdings plc set a €2.86 ($3.11) price target on UniCredit SpA and gave the company a “buy” rating in a report on Friday, January 13th. Jefferies Group LLC set a €3.50 ($3.80) target price on UniCredit SpA and gave the stock a “buy” rating in a report on Monday, January 9th. Finally, Deutsche Bank AG set a €3.80 ($4.13) target price on UniCredit SpA and gave the stock a “buy” rating in a report on Wednesday, January 11th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. UniCredit SpA presently has a consensus rating of “Hold” and a consensus price target of €3.79 ($4.12).

Analyst Recommendations for UniCredit SpA (BIT:UCG)

Shares of UniCredit SpA (BIT:UCG) opened at 17.19 on Monday. UniCredit SpA has a 12 month low of €8.53 and a 12 month high of €17.24. The stock’s market capitalization is €10.46 billion. The firm’s 50 day moving average is €14.54 and its 200 day moving average is €13.13.

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About UniCredit SpA

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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