Cfra Reiterates “€13.00” Price Target for UniCredit (UCG)

UniCredit (BIT:UCG) received a €13.00 ($15.12) price objective from stock analysts at Cfra in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Cfra’s price objective suggests a potential downside of 24.51% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. set a €20.00 ($23.26) price target on shares of UniCredit and gave the company a “buy” rating in a report on Wednesday, August 8th. Goldman Sachs Group set a €24.30 ($28.26) price target on shares of UniCredit and gave the company a “buy” rating in a report on Monday, August 6th. Berenberg Bank set a €18.00 ($20.93) price target on shares of UniCredit and gave the company a “buy” rating in a report on Tuesday, August 14th. Royal Bank of Canada set a €19.50 ($22.67) price target on shares of UniCredit and gave the company a “buy” rating in a report on Thursday. Finally, Jefferies Financial Group set a €18.40 ($21.40) price target on shares of UniCredit and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €17.59 ($20.46).

Shares of UCG traded up €0.21 ($0.24) during trading hours on Thursday, reaching €17.22 ($20.02). The company had a trading volume of 26,190,000 shares, compared to its average volume of 17,270,000. UniCredit has a 12-month low of €12.82 ($14.91) and a 12-month high of €18.38 ($21.37).

About UniCredit

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.

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Analyst Recommendations for UniCredit (BIT:UCG)

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