Price targets

Analyst ratings

2 analysts rated this company in the past 90 days. The average target price is €74.00, this is a change of +18.4% compared to the current price.

• September 29, 2025

  JPMorgan lowers target for Unicredit to 78 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Unicredit from €80 to €78 ahead of its quarterly results, but maintained its "overweight" rating. The major Italian bank is expected to deliver solid earnings, Delphine Lee wrote in an outlook released Monday. However, it assumes that the consensus estimate for the Tier 1 capital ratio must be revised downwards./rob/edh/la

  Publication of the original study: September 29, 2025 / 11:23 AM / BST

  First distribution of the original study: September 29, 2025 / 11:23 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 8, 2025

  JPMorgan raises target for Unicredit to 80 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €70 to €80 and maintained its rating at "Overweight." Analyst Delphine Lee and her colleagues are again placing greater emphasis on European banks than on US financial institutions as part of their reassessment, published on Tuesday. They expect capital costs to decline and net interest income to bottom out in the second half of the year. The favorites include Barclays, Natwest, Societe Generale, ING, Intesa Sanpaolo, UBS, and Deutsche Bank./ag/tih

  Publication of the original study: September 8, 2025 / 8:10 PM / BST

  First distribution of the original study: September 9, 2025 / 12:20 AM / BST

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 23, 2025

  Barclays raises target for Unicredit to 70 euros - 'Overweight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays raised its price target for Unicredit from €63.90 to €70 and maintained its rating at "Overweight." Paola Sabbione raised her earnings estimates on Wednesday following the quarterly report by an average of 8 percent through 2027./ag/ajx

  Publication of the original study: July 23, 2025 / 9:36 p.m. / GMT

  First distribution of the original study: July 23, 2025 / 9:41 p.m. / GMT

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 23, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 70 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €70. Analyst Delphine Lee adjusted her estimates on Wednesday in line with the Italian company's quarterly report./rob/ag/zb

  Publication of the original study: July 23, 2025 / 10:08 PM / BST

  First distribution of the original study: July 23, 2025 / 10:18 PM / BST

  Note: Information on the disclosure obligation regarding conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 23, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 70 euros

  NEW YORK (dpa-AFX Analyst) - Following its quarterly results, US bank JPMorgan maintained Unicredit's "Overweight" rating with a price target of €70. The major Italian bank performed as expected in terms of operating profit and continues to demonstrate good profitability and capital utilization, analyst Delphine Lee wrote in an initial reaction on Wednesday. However, investors' focus will remain on the canceled takeover of Banco BPM. According to a previous study, Lee also does not expect an imminent takeover of Commerzbank or the Greek Alpha Bank, which is why average market expectations for Unicredit are likely to rise./rob/gl/stw

  Publication of the original study: July 23, 2025 / 7:03 a.m. / BST

  First distribution of the original study: July 23, 2025 / 7:03 a.m. / BST

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 22, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 70 euros

  NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has maintained its "Overweight" rating on Unicredit with a price target of €70. According to Delphine Lee, the fact that the major Italian bank is abandoning its planned takeover of industry peer Banco BPM is a major surprise and, from a strategic perspective, disappointing. Apparently, the hurdles were higher than expected, or the Italians no longer believed in the support of Credit Agricole, which would have had a blocking minority in a takeover, she writes in her assessment published Wednesday. However, even without Banco BPM, Unicredit shares remain valuable. Earnings estimates have room for improvement, and with the launch of a delayed €6.3 billion share buyback program, more funds will be distributed to shareholders. At the same time, Unicredit still has a better capital base than its competitors. Lee does not believe that the likelihood of a Commerzbank takeover in the near future has now increased, also due to the increased share price. The Greek Alpha Bank is also considered a more long-term transaction./rob/gl/ag

  Publication of the original study: July 22, 2025 / 11:29 PM / BST First distribution of the original study: July 22, 2025 / 11:29 PM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 14, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 70 euros

  NEW YORK (dpa-AFX Analyst) - Following a partial legal victory in its bid to acquire Banco BPM, US bank JPMorgan has maintained its rating for Unicredit at "overweight" with a price target of €70. A court overturned some of the requirements. With the remaining conditions, Unicredit is on the right track, or rather, the conditions are already virtually met, wrote analyst Delphine Lee on Monday./rob/ag/ck

  Publication of the original study: July 14, 2025 / 1:22 AM / BST

  First distribution of the original study: July 14, 2025 / 1:22 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 8, 2025

  JPMorgan raises target for Unicredit to 70 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €68 to €70 following its increase in its direct stake in Commerzbank to 20 percent, and maintained its rating at "Overweight." Despite the increase, it does not expect a takeover offer for Commerzbank in the short to medium term, as Unicredit is likely to continue focusing on the acquisition of Banco BPM, Delphine Lee wrote in her commentary published Wednesday. However, the conversion of derivatives into Commerzbank shares signals the Italians' long-term interest in the Germans./rob/edh/ag

  Publication of the original study: July 8, 2025 / 11:20 PM / BST

  First distribution of the original study: July 9, 2025 / 12:15 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 7, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 68 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €68. Analyst Delphine Lee updated her valuation model for the two major Italian banks, Unicredit and Intesa Sanpaolo, in a study published Monday ahead of their upcoming second-quarter earnings reports. For Unicredit, it slightly raised its earnings (EPS) estimates for 2026 and 2027, and for Intesa, it slightly lowered them for 2025 to 2027./ck/he

  Publication of the original study: July 7, 2025 / 6:13 PM / BST

  First distribution of the original study: July 7, 2025 / 6:26 PM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 28, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 68 euros

  NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has maintained Unicredit's "Overweight" rating with a price target of €68. Delphine Lee wrote in a study published Wednesday that the expansion of its stake in Greek Alpha Bank is attractive for the Italian bank. She expects a positive impact on earnings per share and the common equity tier 1 ratio in 2027. However, she does not currently consider a complete takeover, as the focus is likely on the domestic market. A transaction with Banco BPM makes the most strategic sense there. Should this fail, however, she sees the Greeks as an interesting alternative./rob/gl/tih

  Publication of the original study: May 28, 2025 / 11:59 AM / BST First distribution of the original study: May 28, 2025 / 12:04 PM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 13, 2025

  JPMorgan lowers target for Unicredit to 68 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Unicredit from €70 to €68 following an investor event, but maintained its rating at "Overweight." The most important issues were the planned takeovers of Banco BPM and Commerzbank, which depend on the respective governments' approval, Delphine Lee wrote in a study released Wednesday. Although the uncertainty in this regard is considerable and significant political hurdles must be overcome, the bank has so far behaved disciplined in its pricing and still has a luxury problem with the reallocation of surplus capital./rob/edh/zb

  Publication of the original study: May 13, 2025 / 11:03 PM / BST

  First distribution of the original study: May 14, 2025 / 12:15 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 70 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €70. Delphine Lee wrote on Monday after the figures were released that the first-quarter results were solid./rob/ag/gl

  Publication of the original study: May 12, 2025 / 6:46 a.m. / BST First distribution of the original study: May 12, 2025 / 6:46 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 16, 2025

  JPMorgan raises target for Unicredit to 70 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €69 to €70 and maintained its "overweight" rating. Analyst Delphine Lee made minor changes to her estimates in a study on major Italian banks released Wednesday ahead of the first-quarter results. The price target for Unicredit's shares was raised primarily due to the now smaller number of shares./ck/he

  Publication of the original study: April 16, 2025 / 2:14 PM / BST First distribution of the original study: April 16, 2025 / 2:14 PM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  Goldman reinstates Unicredit with 'Buy' rating - target 63 euros

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has reinstated Unicredit with a "Buy" rating and a price target of €63. Considering growth, key interest rates, credit conditions, capitalization, and profitability, the outlook for European banks is currently arguably better than at any time in the past 20 years, wrote analyst Chris Hallam in a reassessment of the industry published Thursday. Deutsche Bank, ING, Erste Group, UniCredit, and BNP Paribas, in particular, could benefit from this with their positioning. Even though the European banking index has increased by a well-above-average 29 percent this year, the sector's valuation remains favorable, he noted./edh/bek

  Publication of the original study: March 27, 2025 / 4:57 a.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 24, 2025

  JPMorgan raises target for Unicredit to 69 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €53 to €69 and maintained its rating at "Overweight." Analyst Kian Abouhossein raised his earnings (EPS) estimates for the European banks in his reassessment of the sector published on Tuesday. However, he lowered their rating relative to the US institutions from "Overweight" to "Neutral" because he now considers the relative price increase of the European stocks to be excessive. His industry favorites are Barclays, Deutsche Bank, Intesa Sanpaolo, UBS, SocGen, and Natwest./edh/gl/ag

  Publication of the original study: March 24, 2025 / 10:16 PM / GMT

  First distribution of the original study: March 25, 2025 / 12:20 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 17, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 53 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €53. Analyst Delphine Lee doubts that Unicredit will withdraw its bid for Banco BPM, as the major bank had been interested in the smaller competitor long before Banco BPM's planned acquisition of the Anima fund. Unicredit's concern is not to pay too high a price, she wrote in her commentary published on Tuesday./edh/ag

  Publication of the original study: February 17, 2025 / 10:38 PM / GMT

  First distribution of the original study: February 18, 2025 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 11, 2025

  JPMorgan raises target for Unicredit to 53 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - Following the release of quarterly figures, US bank JPMorgan raised its price target for Unicredit from €49 to €53 and maintained its rating at "Overweight." Analyst Delphine Lee wrote in a report released Wednesday that she had slightly lowered her earnings per share estimates for 2026 and 2027. However, this was primarily to reflect a higher than previously expected number of shares, as she now expects a higher share price for the planned share buybacks. At the same time, it slightly raised its earnings estimates for the same period./ck/mis

  Publication of the original study: February 11, 2025 / 10:06 PM / GMT

  First distribution of the original study: February 11, 2025 / 10:06 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 11, 2025

  Jefferies maintains Unicredit's 'Buy' rating - target €49

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Unicredit with a price target of €49 following its results for the final quarter of 2024. The major Italian bank published good figures, analyst Marco Nicolai wrote in an initial reaction on Tuesday. Earnings before provisions were five percent above the consensus estimate. The quality of the managed investments remains encouraging./bek/gl

  Publication of the original study: February 11, 2025 / 2:42 AM / ET First distribution of the original study: February 11, 2025 / 2:42 AM / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 11, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €49 following the company's earnings release. Analyst Delphine Lee, in a report released Tuesday, described the major Italian bank's solid fourth quarter, driven by solid net interest income. However, she considers the targets for 2025 to be "too conservative."/ck/gl

  Publication of the original study: February 11, 2025 / 6:59 a.m. / GMT First distribution of the original study: February 11, 2025 / 6:59 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 2, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Unicredit's "Overweight" rating with a price target of €49. The Italian bank's entry into domestic insurer Generali is a surprising move in the power struggle at the top of Generali, analyst Delphine Lee wrote in a commentary published Monday. Unicredit described it as a purely financial investment. She sees no strategic logic for a takeover. Rather, the investment could serve as leverage for the planned acquisition of competitor Banco BPM./gl/ag

  Publication of the original study: February 2, 2025 / 9:27 PM / GMT. First distribution of the original study: February 3, 2025 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 27, 2025

  JPMorgan maintains Unicredit at 'Overweight' - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €49. Analyst Delphine Lee commented on Monday on the consolidation of the Italian banking sector, which she wrote continues with the planned acquisition of Mediobanca by BMPS. Meanwhile, Unicredit is preparing to convert its 28 percent synthetic stake in Commerzbank into a physical stake once the ECB's approval is expected in March./edh/ag

  Publication of the original study: January 27, 2025 / 6:25 a.m. / GMT

  First distribution of the original study: January 27, 2025 / 6:25 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 5, 2024

  JPMorgan lowers target for Unicredit to 49 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan recommends a selective approach in the banking sector for 2025. In his outlook published Friday, analyst Kian Abouhossein favors the shares of financial institutions that are less dependent on interest income. His favorites are Deutsche Bank <DE0005140008>, UBS <CH0244767585>, Barclays <GB0031348658>, Intesa Sanpaolo, and Natwest. He lowered his price target for Unicredit shares from €50 to €49, but kept it at "overweight." In doing so, it shifted its valuation basis further into the future and now uses its new estimates for 2027./ag/gl

  Publication of the original study: December 5, 2024 / 9:19 PM / GMT. First distribution of the original study: December 6, 2024 / 12:20 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 25, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €50 in view of the takeover of its counterparty Banco BPM. This could at least put a takeover of Commerzbank on the back burner, analyst Delphine Lee wrote in a study released Monday. From Unicredit's perspective, a takeover of Banco BPM would be financially feasible./bek/la

  Publication of the original study: November 25, 2024 / 2:29 PM / GMT

  First distribution of the original study: November 25, 2024 / 2:46 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 25, 2024

  Jefferies maintains Unicredit's 'Buy' rating - target EUR 47

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Unicredit at "Buy" with a price target of €47, in light of a takeover offer for its competitor Banco BPM. Analyst Marco Nicolai wrote in a study released Monday that the offer makes strategic sense. It allows Unicredit to defend its market position. Unicredit CEO Andrea Orcel has not signaled any impact on the Commerzbank stake./tih/edh

  Publication of the original study: November 25, 2024 / 7:05 a.m. / ET

  First distribution of the original study: November 25, 2024 / 7:05 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €50. Analyst Delphine Lee slightly raised her earnings per share estimates following the Italian bank's quarterly results. The main reason is lower costs, she wrote on Thursday./ajx/he

  Publication of the original study: November 7, 2024 / 3:06 p.m. / GMT First distribution of the original study: November 7, 2024 / 3:19 p.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 6, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Unicredit's "Overweight" rating with a price target of €50 following the company's earnings release. The bank positively exceeded expectations for net interest income, provisions, and capitalization in a solid third quarter, analyst Delphine Lee wrote in an initial reaction on Wednesday./gl/mis

  Publication of the original study: November 6, 2024 / 10:34 a.m. / GMT First distribution of the original study: November 6, 2024 / 10:35 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 6, 2024

  Jefferies maintains Unicredit's 'Buy' rating

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Unicredit at "Buy" following its third-quarter results, with a price target of €47. The major Italian bank's net profit was significantly above consensus, with all key metrics performing better than expected, analyst Marco Nicolai wrote in his quick assessment on Wednesday morning./ck/ag

  Publication of the original study: November 6, 2024 / 2:18 a.m. / ET

  First distribution of the original study: November 6, 2024 / 2:18 a.m. / ET

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 3, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Unicredit at "Overweight" with a price target of €50. In her analysis published on Monday, Delphine Lee focused on the Italian bank's previous successes in the German market and the synergy potential with Commerzbank. Lee assumes that the strategy leading to increased profitability at its subsidiary Hypovereinsbank will also be implemented at Commerzbank. It conservatively estimates the cost synergies at €1.1 billion./ag/gl

  Publication of the original study: November 3, 2024 / 11:10 PM / GMT. First distribution of the original study: November 4, 2024 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 29, 2024

  JPMorgan raises target for Unicredit to 50 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €49 to €50 and maintained its rating at "Overweight." Analyst Delphine Lee slightly raised her earnings estimates in her outlook for the quarterly report published on Monday. However, all eyes are on Commerzbank's advance./ag/zb

  Publication of the original study: September 29, 2024 / 7:31 p.m. / BST

  First distribution of the original study: September 30, 2024 / 1:47 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 25, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating on shares of Italian bank Unicredit with a price target of €49. CEO Andrea Orcel stated that he is aiming for sustained high earnings growth even without acquisitions and sees room for improvement in earnings and dividends for the consensus estimates for 2025, analyst Delphine Lee wrote in a study released Wednesday. With regard to the acquisition of Commerzbank, all options remained open./gl/ajx

  Publication of the original study: September 25, 2024 / 11:40 a.m. / BST First distribution of the original study: September 25, 2024 / 11:40 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 25, 2024

  Goldman maintains Unicredit's 'Buy' rating - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its rating for Unicredit at "Buy" with a price target of €49 following its acquisition of a majority stake in CNP UniCredit Vita and UniCredit Allianz Vita. Analyst Chris Hallam wrote this in his commentary published on Wednesday./ajx/ag

  Publication of the original study: September 25, 2024 / 7:51 a.m. / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 23, 2024

  JPMorgan maintains Unicredit at 'Overweight' - target 49 euros

  NEW YORK (dpa-AFX Analyst) - Following its stake increase in Commerzbank, US bank JPMorgan has maintained Unicredit's "Overweight" rating with a price target of €49. The major Italian bank is clearly determined to acquire the Frankfurt-based financial institution, analyst Delphine Lee wrote in a study published Monday. The transaction could still fail due to differing price expectations, a lack of government support, or implementation risks, particularly regarding cost savings. However, Unicredit's management has so far shown discipline in acquisitions and prioritized value creation for shareholders./gl/nas

  Publication of the original study: September 23, 2024 / 2:41 PM / BST First distribution of the original study: September 23, 2024 / 2:41 PM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 21, 2024

  UBS maintains Unicredit at 'Buy' - target 52 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Unicredit at "Buy" with a price target of €52. Following Unicredit's acquisition of Commerzbank, a takeover cycle is currently the biggest topic of conversation in the European banking sector, wrote analyst Jason Napier in a study published Monday. While the expert does not believe this will significantly change the likelihood of cross-border deals in the industry, the focus is shifting away from share buybacks as the former pivotal focus, and at least smaller acquisitions are now more conceivable. Fundamentally, the interest rate outlook and its impact on banks' earnings developments are the big topic. In addition to Commerzbank, Napier's "Top Picks" in the industry include Barclays, Bawag, Societe Generale, and Unicredit./tih/gl/stk

  Publication of the original study: September 21, 2024 / 1:58 PM / GMT. First distribution of the original study: September 21, 2024 / 1:58 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 12, 2024

  UBS maintains Unicredit at 'Buy' - target 52 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Unicredit at "Buy" with a price target of €52. Investors in the Italian bank have so far appeared relatively confident regarding yesterday's decision to acquire a 9 percent stake in Commerzbank, analyst Ignacio Cerezo wrote in a study published Thursday. He sees two main reasons for this: First, a takeover would fit the stated criteria for an acquisition strategically and financially. Second, he cited the low valuation of Commerzbank shares. The ball is now in Commerzbank's board's court. Its reaction could potentially have a significant impact on share price performance./tih/nas

  Publication of the original study: September 12, 2024 / 3:53 PM / GMT

  First distribution of the original study: September 12, 2024 / 3:53 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 11, 2024

  UBS maintains Unicredit at 'Buy' - target 52 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Unicredit with a price target of €52. Analyst Ignacio Cerezo viewed the entry into Commerzbank as positive in his initial reaction on Wednesday morning. The Italian bank is opening the door to deploying surplus capital in a market in which it is already active. The terms also appeared attractive./ag/la

  Publication of the original study: September 11, 2024 / 11:02 / GMT

  First distribution of the original study: September 11, 2024 / 11:02 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 11, 2024

  Jefferies maintains Unicredit's 'Buy' rating - target EUR 48

  NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its rating for Unicredit at "Buy" with a price target of €48. A merger between Unicredit and Commerzbank would increase both earnings estimates and the company's valuation, analyst Marco Nicolai wrote in a study released Wednesday. This is even more so if a takeover of Commerzbank by Unicredit is financed with a cash component plus Unicredit shares./bek/nas

  Publication of the original study: September 11, 2024 / 12:35 PM / ET

  First distribution of the original study: September 11, 2024 / 12:35 PM / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 11, 2024

  Goldman maintains Unicredit's 'Buy' rating - target 49 euros

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Unicredit with a price target of €49. The entry into Commerzbank will have only a minor impact on the Italian bank's core capital ratio, analyst Chris Hallam wrote on Wednesday./ag/la

  Publication of the original study: September 11, 2024 / 7:59 a.m. / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 6, 2024

  JPMorgan raises target for Unicredit to 49 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Unicredit from €46 to €49 and maintained its rating at "Overweight." The fact that European banks' profits have peaked is already reflected in their low valuations, wrote analyst Kian Abouhossein in an industry outlook published Monday. These valuations have room to improve, especially since share buybacks should increase earnings per share. The expert sees the banks in their best shape in more than 20 years, thanks in part to their large capital buffers. However, given the high debt levels, the sector as a whole should not be viewed too optimistically. In contrast to the stagnation in the industry, his preferred stocks are benefiting from rising profits, particularly for UBS. Deutsche Bank and Barclays are benefiting from income from non-interest-rate businesses—specifically, their trading activities. Unicredit, newly added to its "Top Picks," and Intesa Sanpaolo scored high returns for shareholders./gl/ag

  Publication of the original study: September 6, 2024 / 9:44 PM / BST. First distribution of the original study: September 9, 2024 / 12:25 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 3, 2024

  UBS maintains Unicredit at 'Buy' - target 52 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Unicredit with a price target of EUR 52. Spain, Italy, and Portugal are still generating excess liquidity, analyst Ignacio Cerezo wrote in a study published Wednesday, citing the banks' positive net interest income (NII). However, its NII forecasts for the second half of 2024 would be up to 6 percent below the second quarter level and take into account a "logical deterioration in earnings in light of falling interest rates."/ck/ajx

  Publication of the original study: September 3, 2024 / 3:41 PM / GMT

  First distribution of the original study: September 3, 2024 / 3:41 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.