Research Analysts Offer Predictions for Unicredit Spa’s FY2018 Earnings (UNCFF)

Unicredit Spa (OTCMKTS:UNCFF) – Analysts at Jefferies Group raised their FY2018 EPS estimates for Unicredit in a research note issued on Monday. Jefferies Group analyst B. Creelan-Sandf now expects that the financial services provider will post earnings per share of $1.70 for the year, up from their prior estimate of $1.59.

Separately, ValuEngine upgraded shares of Unicredit from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Unicredit currently has a consensus rating of “Buy” and an average target price of $24.00.

Shares of Unicredit (OTCMKTS UNCFF) traded up $0.28 during midday trading on Wednesday, reaching $21.75. 100 shares of the company’s stock traded hands, compared to its average volume of 6,937. Unicredit has a 1-year low of $12.80 and a 1-year high of $22.50.

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About Unicredit

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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