UniCredit S.p.A. (UNCFF)
| Previous close | 42.30 |
| Open | 43.00 |
| Bid | 42.31 x 40000 |
| Ask | 43.29 x 312600 |
| Day's range | 43.00 - 43.00 |
| 52-week range | 23.44 - 44.99 |
| Volume | |
| Avg. volume | 2,176 |
| Market cap | 67.662B |
| Beta (5Y monthly) | 1.46 |
| PE ratio (TTM) | 6.70 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.93 (4.49%) |
| Ex-dividend date | 22 Apr 2024 |
| 1y target est | N/A |
- Reuters
Cost cuts in any Commerzbank merger would affect headquarters not branches, Unicredit CEO tells Economist
Cost cuts at Commerzbank if UniCredit were to buy its German rival would mostly affect its head office not its branch network, UniCredit CEO Andrea Orcel was quoted as saying on Friday. UniCredit has built a near 21% stake in Commerzbank, subject to supervisory approval, and said it sees a merger as the best outcome. Such a move would push Commerzbank shares sharply lower.
- Barrons.com
Short-Dated Treasury Yields Could Fall on Fed Rate Cuts While Long-Dated Yields Stay Steady
Short-dated U.S. Treasury yields are likely to fall due to the prospects of further interest-rate cuts by the Federal Reserve, though longer-dated Treasury yields should stay roughly steady, analysts at UniCredit said in a note. "We expect the U.S. Treasury curve to steepen further as shorter-dated bonds are set to benefit from future rate cuts by the Fed, while longer-dated U.S. Treasury yields are less likely to decline from current levels," they said. UniCredit targets the two-year Treasury yield at 3.6% by year-end, compared with a current level of 3.723% according to Tradeweb data.
- Zacks
UniCredit (UNCRY) Upgraded to Buy: Here's Why
UniCredit (UNCRY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
