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UniCredit (OTCMKTS:UNCRY) Sets New 1-Year High - What's Next?

UniCredit logo with Finance background

Key Points

  • UniCredit shares reached a new 52-week high of $39.60 during trading, with a volume of 1,149 shares exchanged.
  • Keefe, Bruyette & Woods downgraded UniCredit from a "moderate buy" rating to a "hold" rating on May 15th.
  • The company's stock has seen a significant increase, with a 50-day moving average of $34.33 and a 200-day moving average of $30.09.
  • MarketBeat previews the top five stocks to own by October 1st.

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.60 and last traded at $39.60, with a volume of 1149 shares trading hands. The stock had previously closed at $39.04.

Analysts Set New Price Targets

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 Stock Report on UNCRY

UniCredit Stock Up 0.8%

The firm has a 50 day moving average price of $34.94 and a 200-day moving average price of $30.47.

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.

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