UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Given Consensus Rating of “Buy” by Brokerages

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) have received a consensus rating of “Buy” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research analysts recently weighed in on UNCRY shares. Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Barclays reiterated an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Finally, Morgan Stanley reissued an “overweight” rating on shares of UniCredit in a report on Monday, July 27th.

UniCredit Trading Up 2.8%

Shares of OTCMKTS UNCRY opened at $48.37 on Tuesday. The company’s 50-day simple moving average is $44.97 and its 200-day simple moving average is $42.04. UniCredit has a 52-week low of $33.63 and a 52-week high of $48.38.

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.