UniCredit (OTCMKTS:UNCFF) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of UniCredit (OTCMKTS:UNCFF) from a sell rating to a hold rating in a report issued on Thursday, Zacks.com reports.

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. “

A number of other brokerages have also recently commented on UNCFF. ValuEngine raised shares of UniCredit from a strong sell rating to a sell rating in a report on Tuesday, December 3rd. Berenberg Bank reissued a buy rating on shares of UniCredit in a report on Tuesday, November 12th. Finally, Credit Suisse Group upgraded UniCredit from a neutral rating to an outperform rating in a research report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. UniCredit currently has a consensus rating of Hold.

Shares of UniCredit stock opened at $14.00 on Thursday. UniCredit has a 1 year low of $10.01 and a 1 year high of $14.73. The company’s fifty day moving average is $13.37 and its two-hundred day moving average is $12.10.

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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