UniCredit (BIT:UCG) PT Set at €16.50 by HSBC

HSBC set a €16.50 ($19.19) price objective on UniCredit (BIT:UCG) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on the stock. Credit Suisse Group reissued an outperform rating and issued a GBX 3,175 ($41.49) price objective on shares of in a research report on Tuesday, June 4th. Royal Bank of Canada boosted their price objective on shares of Summit Industrial Income REIT from C$11.50 to C$12.50 and gave the company a sector perform rating in a research report on Thursday, May 9th. UBS Group set a $15.00 price objective on shares of Hain Celestial Group and gave the company a sell rating in a research report on Monday, May 13th. Oddo Bhf set a €16.50 ($19.19) price objective on shares of UniCredit and gave the company a buy rating in a research report on Wednesday, May 15th. Finally, Goldman Sachs Group set a €149.00 ($173.26) price target on shares of Airbus and gave the stock a buy rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of €15.76 ($18.33).

UniCredit has a 52-week low of €12.82 ($14.91) and a 52-week 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, and Fineco 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.

See Also: Trade Deficit

Analyst Recommendations for UniCredit (BIT:UCG)

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.