Berenberg Bank set a €3.50 ($3.80) price target on UniCredit SpA (BIT:UCG) in a research report sent to investors on Friday morning, ARN reports. The brokerage currently has a a neutral rating on the stock.

Other equities analysts also recently issued reports about the stock. Deutsche Bank set a €7.20 ($7.83) target price on shares of UniCredit SpA and gave the stock a buy rating in a research report on Friday, October 16th. Citigroup Inc. set a €7.70 ($8.37) target price on shares of UniCredit SpA and gave the stock a buy rating in a research report on Friday, October 9th. Morgan Stanley set a €7.10 ($7.72) target price on shares of UniCredit SpA and gave the stock a buy rating in a research report on Tuesday, October 20th. Credit Suisse set a €5.80 ($6.30) target price on shares of UniCredit SpA and gave the stock a neutral rating in a research report on Friday, November 13th. Finally, Kepler Capital Markets set a €6.30 ($6.85) target price on shares of UniCredit SpA and gave the stock a neutral rating in a research report on Thursday, November 12th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. UniCredit SpA currently has a consensus rating of Hold and a consensus target price of €5.37 ($5.83).

UniCredit SpA (BIT:UCG) opened at 3.55 on Friday. UniCredit SpA has a 12-month low of €3.48 and a 12-month high of €6.61. The company has a market capitalization of €20.63 billion and a price-to-earnings ratio of 12.32. The stock’s 50 day moving average price is €4.65 and its 200 day moving average price is €5.53.

UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas. The Centralized Multi-Local Approach takes responsibility for the distribution networks and customer relationships. The Global Products Lines are responsible for developing the products and services across all geographic areas. The Global Service Lines which supply the network coverage functions and product factories with specialized services, including Banking Back Office, Information and Communication Technology, Credit Collection, Procurement Services, Real Estate and Shared Service Centers. In June 2014, FinecoBank SpA, UniCredit group’s direct multichannel banking arm, received on June 12 CONSOB’s approval of the Prospectus for its Initial Public Offering.

Receive News & Ratings for UniCredit SpA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniCredit SpA and related companies with MarketBeat.com's FREE daily email newsletter.