UniCredit (OTCMKTS:UNCRY) Hits New 12-Month High – Here’s What Happened

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) hit a new 52-week high during trading on Tuesday . The company traded as high as $42.04 and last traded at $41.6025, with a volume of 14983 shares traded. The stock had previously closed at $40.7750.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UNCRY shares. The Goldman Sachs Group upgraded UniCredit to a “strong-buy” rating in a report on Thursday, September 25th. DZ Bank raised UniCredit to a “strong-buy” rating in a research report on Wednesday, September 3rd. Finally, Keefe, Bruyette & Woods upgraded UniCredit from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 16th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, UniCredit has an average rating of “Buy”.

UniCredit Price Performance

The stock has a fifty day moving average price of $38.13 and a 200-day moving average price of $37.17.

About UniCredit

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.