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

UNICREDIT SPA (UCG)
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UniCredit : partnership with Allianz and Generali

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06/06/2018 | 02:16pm CEST

UniCredit has signed two exclusive strategic partnership agreements, with Allianz and Generali, for the distribution of insurance products for individual clients and small entrepreneurs in Croatia, Bosnia and Herzegovina, Bulgaria, Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia. The implementation will start in the second half of the year, in accordance with the local legislations, UniCredit announced yesterday. This means that banks in the UniCredit Group will be selling Allianz life and non-life insurance and Generali's loan repayment insurance.

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Stocks mentioned in the article
ChangeLast1st jan.
ALLIANZ -0.88% 184.24 Delayed Quote.-3.79%
UNICREDIT SPA -0.48% 12.94 End-of-day quote.-16.93%
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Financials (€)
Sales 2018 19 790 M
EBIT 2018 8 326 M
Net income 2018 3 791 M
Debt 2018 -
Yield 2018 2,79%
P/E ratio 2018 7,76
P/E ratio 2019 6,40
Capi. / Sales 2018 1,46x
Capi. / Sales 2019 1,42x
Capitalization 28 858 M
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 19,0 €
Spread / Average Target 47%
EPS Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer & Director
Fabrizio Saccomanni Chairman
Ranieri de Marchis Co-Chief Operating Officer
Francesco Giordano Co-Chief Operating Officer
Mirko Davide Georg Bianchi Group Chief Financial Officer
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