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Researchers at S&P Capital IQ Reconfirmed their Hold rating for UniCredit (BIT:UCG). The Price Objective is Set to EUR 3.00

S&P Research Analyst Rating Change UniCredit BIT:UCG

UniCredit (BIT:UCG) Rating Reiterated

Out of 28 brokers covering UniCredit, 16 rate it a Buy, 12 indicate a Hold while 4 suggest a Sell. The highest target is EUR 8.41 and the lowest is EUR 3.92 according to Thomson/First Call. The 12-month mean target is EUR 6.47, which means upside potential of 124.65% over the current price.

BIT:UCG Price Chart & Trend

The stock price of UniCredit has dropped 50.39% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, UniCredit is down 43.33% and down 43.64%, respectively. Our stocks momentum model is shown on the price chart below. Researchers at SP Capital IQ Reconfirmed their Hold rating for UniCredit (BIT:UCG). The Price Objective is Set to EUR 3.00

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

UCG Stock Chart

UniCredit (BIT:UCG) Profile

UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas.

UniCredit (BIT:UCG) traded down -7.03% on 10 February, hitting EUR 2.88. A total of 126.39M shares of the company’s stock traded hands. This is up from average of shares. UniCredit has a 52 week low of EUR 2.77 and a 52 week high of EUR 6.61. The company has a market cap of 17.22B EUR and a P/E ratio of 8.63.

Get the latest UniCredit (BIT:UCG) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Researchers at S&P Capital IQ Reconfirmed their Hold rating for UniCredit (BIT:UCG). The Price Objective is Set to EUR 3.00

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