UniCredit (BIT:UCG) Rating Reaffirmed
Recently, In a comprehensive report issued to investors and clients on Tuesday morning, UniCredit (BIT:UCG) shares have had their Neutral Rating reaffirmed by stock research analysts at BNP PARIBAS, who currently has a EUR 5.70 TP on firm. This target by BNP PARIBAS indicates the possibile upside of 16.09% from the last stock price.
From a total of 9 analysts covering UniCredit (BIT:UCG) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is €7.70 while the lowest target price is €5. The mean of all analyst targets is €6.23 with a 26.88% above today’s (€4.91) stock price. UniCredit was the topic of 12 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on December 3 to “Buy” rating. Goldman Sachs maintained shares with “Neutral” rating and €7.10 target share price in a report from a September 22. Independent Research maintained UCG stock in a recent report from November 17 with “Neutral” rating. Societe Generale upgraded the rating on September 10. Societe Generale has a “Buy” rating and a €7 price target on shares. Finally, Credit Suisse maintained the stock with “Neutral” rating in a report issued on a November 14.
The stock decreased 3.21% or EUR 0.16 on December 14, striking EUR 4.91. Approximately 59.88M shares of stock traded hands or Infinity% up from the average. UniCredit SpA (BIT:UCG) has declined 13.28% since May 18, 2015 and is downtrending. It has underperformed by 8.86% the S&P500.
UniCredit SpA is an Italy-based holding firm engaged in the financial sector. The company has a market cap of 29.33 billion EUR. The Company’s division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. It has 14.7 P/E ratio. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas.