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UniCredit (OTCMKTS:UNCRY) Sets New 52-Week High - Still a Buy?

UniCredit logo with Finance background

UniCredit S.p.A. (OTCMKTS:UNCRY - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $32.63 and last traded at $32.63, with a volume of 366547 shares changing hands. The stock had previously closed at $32.15.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. The Goldman Sachs Group upgraded UniCredit to a "strong-buy" rating in a research note on Thursday, March 27th. Keefe, Bruyette & Woods cut shares of UniCredit from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th.

View Our Latest Research Report on UniCredit

UniCredit Trading Up 1.5%

The business's fifty day simple moving average is $28.68 and its 200-day simple moving average is $24.56.

UniCredit Company Profile

(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.

Further Reading

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