UniCredit (OTCMKTS:UNCRY) Raised to "Strong-Buy" at Citigroup

Key Points

• UniCredit was upgraded to a strong-buy rating by Citigroup in a recent research report, indicating strong confidence in the stock's future performance.
• In contrast, Keefe, Bruyette & Woods downgraded UniCredit from a moderate buy to a hold rating, reflecting differing analyst opinions on the stock's potential.
• Currently, UniCredit has a consensus rating of "Buy" from analysts, with one strong buy and one hold rating noted in the reports.

UniCredit (OTCMKTS:UNCRY - Get Free Report) was upgraded by analysts at Citigroup to a "strong-buy" rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Keefe, Bruyette & Woods lowered shares of UniCredit from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, UniCredit presently has an average rating of "Buy".

UniCredit Price Performance

UNCRY traded down $0.57 on Wednesday, reaching $38.08. The stock had a trading volume of 219,596 shares, compared to its average volume of 843,359. UniCredit has a fifty-two week low of $18.70 and a fifty-two week high of $40.74. The firm has a 50-day moving average of $36.47 and a 200-day moving average of $31.76.

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.