Unicredit Spa (UNCFF) to Post FY2019 Earnings of $2.46 Per Share, Jefferies Group Forecasts

Unicredit Spa (OTCMKTS:UNCFF) – Investment analysts at Jefferies Group boosted their FY2019 earnings per share estimates for Unicredit in a research report issued to clients and investors on Monday. Jefferies Group analyst B. Creelan-Sandf now forecasts that the financial services provider will post earnings per share of $2.46 for the year, up from their prior forecast of $2.40. Jefferies Group also issued estimates for Unicredit’s FY2020 earnings at $2.75 EPS.

Separately, ValuEngine upgraded shares of Unicredit from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $24.00.

Shares of Unicredit (OTCMKTS:UNCFF) traded up $0.28 during trading on Tuesday, hitting $21.75. 140 shares of the stock traded hands, compared to its average volume of 6,939. Unicredit has a 1-year low of $12.80 and a 1-year high of $22.50.

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Unicredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company primarily operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Central Eastern Europe, Corporate & Investment Banking, Asset Gathering, Non-core, and Governance/Group Corporate Centre segments.

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