UniCredit (OTCMKTS:UNCRY) Upgraded at DZ Bank

Key Points

• UniCredit has been upgraded to a "strong-buy" rating by DZ Bank, signaling increased investor confidence in the stock.
• Despite the upgrade from DZ Bank, previous ratings by Zacks and Keefe, Bruyette & Woods were lower, with Zacks changing its rating from "strong-buy" to "hold".
• As of the latest session, UniCredit's stock opened at $38.18, with a 52-week range between $18.70 and $40.74.

DZ Bank upgraded shares of UniCredit (OTCMKTS:UNCRY - Free Report) to a strong-buy rating in a report issued on Wednesday, September 3rd,Zacks.com reports.

UNCRY has been the subject of several other reports. Citigroup upgraded UniCredit to a "strong-buy" rating in a research note on Wednesday, August 27th. Zacks Research lowered UniCredit from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 29th. Finally, Keefe, Bruyette & Woods downgraded UniCredit from a "moderate buy" rating to a "hold" rating in a research report on Thursday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy".

UniCredit Stock Performance

OTCMKTS:UNCRY traded down $0.25 on Wednesday, hitting $38.53. 588,546 shares of the stock were exchanged, compared to its average volume of 827,063. The stock has a fifty day moving average of $37.11 and a 200-day moving average of $32.28. UniCredit has a fifty-two week low of $18.70 and a fifty-two week high of $40.74.

About UniCredit

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.