UniCredit SpA (UCG) Receives €24.60 Consensus Target Price from Brokerages

Shares of UniCredit SpA (BIT:UCG) have been assigned an average recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is €22.30 ($25.93).

A number of analysts have recently issued reports on the stock. Jefferies Financial Group set a €20.00 ($23.26) price target on shares of UniCredit and gave the stock a “buy” rating in a research report on Monday. Goldman Sachs Group set a €24.60 ($28.60) price target on shares of UniCredit and gave the stock a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of UniCredit in a research report on Wednesday, March 7th.

Shares of UniCredit traded up €0.21 ($0.24), reaching €17.22 ($20.02), during mid-day trading on Monday, according to Marketbeat Ratings. 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.

Analyst Recommendations for UniCredit (BIT:UCG)

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