Equities Analysts Offer Predictions for UniCredit SpA’s FY2020 Earnings (OTCMKTS:UNCFF)

Equities Analysts Offer Predictions for UniCredit SpA’s FY2020 Earnings (OTCMKTS:UNCFF)

UniCredit SpA (OTCMKTS:UNCFF) – Stock analysts at Jefferies Financial Group lowered their FY2020 earnings per share (EPS) estimates for UniCredit in a research note issued to investors on Wednesday, July 3rd, Zacks Investment Research reports. Jefferies Financial Group analyst B. Creelan-Sandf now anticipates that the financial services provider will post earnings per share of $2.08 for the year, down from their prior estimate of $2.14. Jefferies Financial Group also issued estimates for UniCredit’s FY2021 earnings at $2.05 EPS.

A number of other research firms have also weighed in on UNCFF. UBS Group cut their price objective on shares of Canadian National Railway from C$127.00 to C$126.00 in a research report on Wednesday. Zacks Investment Research raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Wednesday, June 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.

Shares of OTCMKTS:UNCFF traded up $0.30 during trading on Thursday, reaching $12.76. The stock had a trading volume of 8,388 shares, compared to its average volume of 1,047. The firm’s fifty day moving average is $12.22. UniCredit has a fifty-two week low of $10.75 and a fifty-two week high of $17.73.
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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