UniCredit (OTCMKTS:UNCFF) rating upgraded to remain at Zacks Investment Research

UniCredit (OTCMKTS: UNCFF – Get Rating) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note released Wednesday to investors, Zacks.com reports.

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

Shares of UNCFF traded up $0.15 during midday trading on Wednesday, hitting $10.10. 248 shares of the company were traded, against an average volume of 4,056. The company has a 50-day simple moving average of $10.26 and a two-hundred-day simple moving average of $13.08. UniCredit has a 52-week low of $8.35 and a 52-week high of $18.13.

UniCredit Company Profile (Get a rating)

UniCredit SpA operates as a commercial bank providing retail, corporate and individual banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, cash and insurance products, as well as digital and mobile banking. The company also provides solutions for payments and liquidity, working capital, hedging, international trade and treasury operations; and financing solutions including structured, project and commodity and export trade finance, as well as debt and equity financing; and structured investments and investment advisory solutions.

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