UniCredit SpA (OTCMKTS:UNCFF) – Equities researchers at Jefferies Financial Group dropped their FY2020 EPS estimates for UniCredit in a note issued to investors on Friday, May 31st, Zacks Investment Research reports. Jefferies Financial Group analyst B. Creelan-Sandf now forecasts that the financial services provider will post earnings per share of $2.14 for the year, down from their previous estimate of $2.22.
Other analysts have also issued research reports about the stock. Credit Suisse Group started coverage on shares of UniCredit in a research report on Friday, March 22nd. They set a “neutral” rating on the stock. Zacks Investment Research lowered shares of UniCredit from a “hold” rating to a “sell” rating in a research report on Wednesday, June 5th.
UNCFF traded up $0.06 during trading on Monday, reaching $11.99. The company’s stock had a trading volume of 7,315 shares, compared to its average volume of 9,016. The stock has a fifty day simple moving average of $11.71. UniCredit has a 1 year low of $10.75 and a 1 year high of $17.73.
UniCredit Company Profile
UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.
Recommended Story: Is a Roth IRA right for you?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for UniCredit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniCredit and related companies with MarketBeat.com's FREE daily email newsletter.