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 research note issued to investors on Wednesday, September 3rd,Zacks.com reports.

UNCRY has been the topic of several other reports. Zacks Research cut shares of UniCredit from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 29th. Keefe, Bruyette & Woods lowered shares of UniCredit from a "moderate buy" rating to a "hold" rating in a research report on Thursday, May 15th. Finally, Citigroup raised shares of UniCredit to a "strong-buy" rating in a research report on Wednesday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy".

UniCredit Stock Up 1.6%

Shares of OTCMKTS UNCRY traded up $0.63 during mid-day trading on Wednesday, hitting $39.16. 90,769 shares of the company's stock traded hands, compared to its average volume of 822,776. The company's 50-day moving average is $37.21 and its two-hundred day moving average is $32.33. UniCredit has a 1 year low of $18.70 and a 1 year high of $40.74.

UniCredit Company Profile

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.