Goldman Sachs Group Analysts Set UniCredit (UCG) a €19.70 Target Price

Goldman Sachs Group Analysts Set UniCredit (UCG) a €19.70 Target Price

UniCredit (BIT:UCG) received a €19.70 ($22.91) price target from research analysts at Goldman Sachs Group in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 14.40% from the stock’s current price.

A number of other research analysts have also weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of UniCredit in a research note on Tuesday, August 14th. Deutsche Bank set a €20.50 ($23.84) price objective on shares of UniCredit and gave the company a “buy” rating in a research note on Monday, July 23rd. Royal Bank of Canada set a €20.00 ($23.26) price objective on shares of UniCredit and gave the company a “buy” rating in a research note on Friday, September 28th. UBS Group set a €18.30 ($21.28) price objective on shares of UniCredit and gave the company a “buy” rating in a research note on Friday, August 31st. Finally, Morgan Stanley set a €18.00 ($20.93) price objective on shares of UniCredit and gave the company a “buy” rating in a research note on Monday, September 10th. One equities research analyst has rated the stock with a hold rating and twelve have given a buy rating to the stock. UniCredit presently has an average rating of “Buy” and an average price target of €18.49 ($21.50).

BIT:UCG opened at €17.22 ($20.02) on Wednesday. UniCredit has a 12 month low of €12.82 ($14.91) and a 12 month high of €18.38 ($21.37).

UniCredit Company Profile

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, Fineco, Group Corporate Centre, and Non-Core 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.

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