Unicredit (UNCFF) Rating Increased to Buy at Zacks Investment Research

Unicredit (OTCMKTS:UNCFF) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a research note issued to investors on Wednesday. The firm presently has a $25.00 price objective on the financial services provider’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 18.48% from the stock’s current price.

According to Zacks, “UniCredit SpA is a commercial bank. It offers banking, asset management, pension fund, brokerage, leasing, factoring, transactional advisory, money markets and currency exchange, investment project financing, mergers and acquisitions, and debt securities issue services. The company operates primarily in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Germany, Hungary, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. UniCredit SpA is headquartered in Milan, Italy. “

Separately, ValuEngine raised shares of Unicredit from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $25.00.

Unicredit (UNCFF) opened at $21.10 on Wednesday. Unicredit has a one year low of $12.80 and a one year high of $22.50.

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About Unicredit

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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