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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  UniCredit SpA    UCG   IT0005239360

UNICREDIT SPA

(UCG)
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UniCredit : Chairman Fabrizio Saccomanni Has Died -- Update

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08/08/2019 | 12:17pm EDT

By Giovanni Legorano and Nathan Allen

ROME--Fabrizio Saccomanni, the chairman of Italian banking giant UniCredit SpA (UCG.MI), has died suddenly, the company said on Thursday.

"UniCredit loses a chairman of the highest order and depth who has guided the bank's board through a time of tough challenges with great balance and transparency, a clear strategic vision, a strong sense of direction," Chief Executive Jean Pierre Mustier said.

The news of Mr. Saccomanni's death was previously reported on Italian daily Corriere della Sera's website.

Mr. Saccomanni, 76, took over as chairman of the bank's board last year after a long career at the Bank of Italy, where he served as director general, and a brief stint as Italy's economy minister with the government headed by Prime Minister Enrico Letta.

"His death is a loss for the whole country," Mr. Mustier said.

Write to Giovanni Legorano at Giovanni.Legorano@wsj.com and Nathan Allen at Nathan.Allen@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
UNICREDIT SPA 0.18% 11.1756 Delayed Quote.13.70%
UNICREDIT SPA 0.16% 11.17 End-of-day quote.12.71%
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Financials (EUR)
Sales 2019 18 567 M
EBIT 2019 8 536 M
Net income 2019 5 272 M
Debt 2019 -
Yield 2019 5,33%
P/E ratio 2019 4,48x
P/E ratio 2020 6,52x
Capi. / Sales2019 1,34x
Capi. / Sales2020 1,32x
Capitalization 24 839 M
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Technical analysis trends UNICREDIT SPA
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 14,03  €
Last Close Price 11,17  €
Spread / Highest target 51,9%
Spread / Average Target 25,6%
Spread / Lowest Target -46,2%
EPS Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer & Director
Fabrizio Saccomanni Chairman
Ranieri de Marchis Co-Chief Operating Officer
Carlo Vivaldi Co-Chief Operating Officer
Mirko Davide Georg Bianchi Group Chief Financial Officer
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