UniCredit (UCG) PT Set at €13.00 by Cfra

UniCredit (BIT:UCG) has been assigned a €13.00 ($15.12) target price by Cfra in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Cfra’s price target would indicate a potential downside of 24.51% from the company’s current price.

Several other research firms have also recently weighed in on UCG. Berenberg Bank set a €18.00 ($20.93) price objective on UniCredit and gave the stock a “buy” rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. set a €19.00 ($22.09) price objective on UniCredit and gave the stock a “buy” rating in a research report on Tuesday, August 14th. UBS Group set a €18.30 ($21.28) price objective on UniCredit and gave the stock a “buy” rating in a research report on Thursday, August 9th. Credit Suisse Group set a €16.50 ($19.19) price objective on UniCredit and gave the stock a “neutral” rating in a research report on Wednesday, August 8th. Finally, Deutsche Bank set a €20.50 ($23.84) price objective on UniCredit and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of €17.23 ($20.03).

UCG stock opened at €17.22 ($20.02) on Thursday. UniCredit has a 1-year low of €12.82 ($14.91) and a 1-year high of €18.38 ($21.37).

About UniCredit

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.

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