Brokers Issue Forecasts for Unicredito Spa’s FY2017 Earnings (UNCFF)

Unicredito Spa (OTCMKTS:UNCFF) – Research analysts at Jefferies Group issued their FY2017 earnings per share (EPS) estimates for shares of Unicredito in a report released on Wednesday. Jefferies Group analyst B. Creelan-Sandf forecasts that the financial services provider will earn $1.59 per share for the year. Jefferies Group also issued estimates for Unicredito’s FY2018 earnings at $1.82 EPS and FY2019 earnings at $2.40 EPS.

Several other research firms have also weighed in on UNCFF. ValuEngine lowered shares of Unicredito from a “buy” rating to a “hold” rating in a report on Thursday, September 21st. Zacks Investment Research lowered shares of Unicredito from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $24.00.

Shares of Unicredito (OTCMKTS:UNCFF) opened at $20.36 on Friday. Unicredito has a fifty-two week low of $2.27 and a fifty-two week high of $31.53.

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About Unicredito

UniCredit S.p.A. operates as a commercial bank. The company primarily operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Central Eastern Europe, Corporate & Investment Banking, Asset Gathering, Non-core, and Governance/Group Corporate Centre segments.

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