Royal Bank of Canada set a €16.00 ($18.60) target price on UniCredit (BIT:UCG) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently weighed in on UCG. Credit Suisse Group set a €13.30 ($15.47) price objective on UniCredit and gave the company a neutral rating in a research report on Thursday, July 18th. Goldman Sachs Group reaffirmed a buy rating and set a price objective on shares of UniCredit in a research report on Tuesday, August 6th. UBS Group set a €12.00 ($13.95) price objective on UniCredit and gave the company a neutral rating in a research report on Wednesday. HSBC set a €16.00 ($18.60) price objective on UniCredit and gave the company a buy rating in a research report on Tuesday, July 23rd. Finally, Jefferies Financial Group set a €14.00 ($16.28) price target on UniCredit and gave the stock a buy rating in a report on Wednesday, July 3rd. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. UniCredit currently has an average rating of Buy and an average target price of €14.60 ($16.98).
UniCredit has a 12-month low of €12.82 ($14.91) and a 12-month high of €18.38 ($21.37).
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, and Fineco 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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