UniCredit SpA (BIT:UCG) has been given a €3.90 ($4.24) price target by equities researchers at JPMorgan Chase & Co. in a report issued on Friday, MarketBeat.Com reports. The firm currently has a a “sell” rating on the stock.

UCG has been the topic of several other reports. Nomura set a €4.80 ($5.22) price objective on UniCredit SpA and gave the stock a “neutral” rating in a report on Friday, January 22nd. Deutsche Bank reiterated a “buy” rating on shares of UniCredit SpA in a report on Wednesday, December 2nd. Citigroup Inc. set a €7.70 ($8.37) price target on UniCredit SpA and gave the company a “buy” rating in a report on Friday, October 9th. Morgan Stanley set a €7.10 ($7.72) price target on UniCredit SpA and gave the company a “buy” rating in a report on Wednesday, October 28th. Finally, Goldman Sachs set a €6.50 ($7.07) price target on UniCredit SpA and gave the company a “neutral” rating in a report on Wednesday, January 20th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €5.37 ($5.83).

UniCredit SpA (BIT:UCG) opened at 3.52 on Friday. The stock’s 50 day moving average price is €4.61 and its 200-day moving average price is €5.50. UniCredit SpA has a one year low of €3.47 and a one year high of €6.61. The company has a market capitalization of €20.46 billion and a P/E ratio of 12.22.

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.

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