JPMorgan Chase & Co. Reiterates €18.00 Price Target for UniCredit (UCG)

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JPMorgan Chase & Co. set a €18.00 ($20.93) target price on UniCredit (BIT:UCG) in a research report sent to investors on Tuesday morning. The firm currently has a buy rating on the stock.

UCG has been the subject of several other research reports. Goldman Sachs Group set a €23.30 ($27.09) target price on shares of UniCredit and gave the stock a buy rating in a research note on Friday, August 24th. Royal Bank of Canada reiterated a buy rating on shares of UniCredit in a research note on Tuesday, August 7th. Jefferies Financial Group set a €20.00 ($23.26) target price on shares of UniCredit and gave the stock a buy rating in a research note on Tuesday, August 7th. UBS Group set a €18.30 ($21.28) target price on shares of UniCredit and gave the stock a buy rating in a research note on Thursday, August 9th. Finally, Credit Suisse Group set a €16.50 ($19.19) target price on shares of UniCredit and gave the stock a neutral rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of €19.28 ($22.41).

BIT UCG opened at €17.22 ($20.02) on Tuesday. UniCredit has a 1 year low of €12.82 ($14.91) and a 1 year 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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