Royal Bank of Canada Analysts Give UniCredit (UCG) a €19.50 Price Target

UniCredit (BIT:UCG) received a €19.50 ($22.67) target price from analysts at Royal Bank of Canada in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 13.24% from the company’s previous close.

A number of other research firms also recently issued reports on UCG. HSBC set a €18.80 ($21.86) target price on shares of UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. Berenberg Bank set a €18.00 ($20.93) target price on shares of UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. set a €19.00 ($22.09) target price on shares of UniCredit and gave the company a “buy” rating in a research report on Tuesday, August 14th. UBS Group set a €18.30 ($21.28) target price on shares of UniCredit and gave the company a “buy” rating in a research report on Thursday, August 9th. Finally, Credit Suisse Group set a €16.50 ($19.19) target price on shares of UniCredit and gave the company a “neutral” rating in a research report on Wednesday, August 8th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of €17.23 ($20.03).

Shares of BIT UCG opened at €17.22 ($20.02) on Thursday. UniCredit has a 12-month low of €12.82 ($14.91) and a 12-month high of €18.38 ($21.37).

UniCredit Company Profile

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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