Free Trial

UniCredit (OTCMKTS:UNCRY) Reaches New 12-Month High - Here's Why

UniCredit logo with Finance background

Key Points

  • UniCredit's share price reached a new 52-week high of $37.28, closing slightly lower at $37.26 with a trading volume of 13,352 shares.
  • Wall Street analysts, specifically Keefe, Bruyette & Woods, downgraded UniCredit's rating from "moderate buy" to "hold".
  • The company's stock shows significant trends with a 50-day moving average of $33.60 and a 200-day moving average of $29.42.
  • Five stocks to consider instead of UniCredit.

Shares of UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $37.28 and last traded at $37.26, with a volume of 13352 shares changing hands. The stock had previously closed at $36.13.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lowered UniCredit from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 15th.

View Our Latest Analysis on UNCRY

UniCredit Stock Up 2.3%

The firm has a 50 day moving average price of $34.21 and a two-hundred day moving average price of $29.87.

About UniCredit

(Get Free Report)

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.

See Also

Should You Invest $1,000 in UniCredit Right Now?

Before you consider UniCredit, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UniCredit wasn't on the list.

While UniCredit currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets Are Sliding: Where to Find Opportunity
5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines