UniCredit (OTCMKTS:UNCRY – Get Rating) had its price target reduced by Deutsche Bank Aktiengesellschaft from €15.50 ($16.32) to €14.60 ($15.37) in a research note released on Tuesday, The Fly reports.
UNCRY has been the subject of several other research reports. Morgan Stanley decreased their price objective on UniCredit from €19.50 ($20.53) to €16.50 ($17.37) in a report on Tuesday, April 26th. Credit Suisse Group boosted their price objective on UniCredit from €13.80 ($14.53) to €14.00 ($14.74) in a report on Tuesday. Societe Generale cut UniCredit from a buy rating to a hold rating in a report on Tuesday, March 22nd. Finally, JPMorgan Chase & Co. cut UniCredit from an overweight rating to a neutral rating in a report on Monday, March 14th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, UniCredit currently has an average rating of Buy and an average target price of $15.53.
Shares of UNCRY stock opened at $5.00 on Tuesday. The business has a 50-day simple moving average of $5.04 and a 200-day simple moving average of $6.46. UniCredit has a 52-week low of $4.10 and a 52-week high of $9.05.
UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance products, as well as digital and mobile banking services. The company also provides solutions for payments and liquidity, working capital, hedging, international trade, and treasury operations; and funding solutions comprising of structured, project, and commodity trade and export finance, as well as debt and equity funding; and structured investments and investments advisory solutions.
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