UniCredit (UNCFF) Downgraded by Zacks Investment Research

UniCredit (OTCMKTS:UNCFF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “UniCredit SpA is a commercial bank. It offers banking, asset management, pension fund, brokerage, leasing, factoring, transactional advisory, money markets and currency exchange, investment project financing, mergers and acquisitions, and debt securities issue services. The company operates primarily in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Germany, Hungary, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. UniCredit SpA is headquartered in Milan, Italy. “

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Other equities research analysts have also issued research reports about the company. UBS upgraded UniCredit from a “neutral” rating to a “buy” rating in a research report on Friday, March 23rd. ValuEngine upgraded UniCredit from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th.

UniCredit stock traded up $0.62 during mid-day trading on Tuesday, hitting $21.64. The company had a trading volume of 3,360 shares, compared to its average volume of 6,112. UniCredit has a 12-month low of $14.42 and a 12-month high of $22.50. The firm has a market cap of $46,878.32, a PE ratio of -9.93 and a beta of -0.82.

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UniCredit Company Profile

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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