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    UCG   IT0005239360

UNICREDIT S.P.A.

(UCG)
  Report
Real-time Estimate Tradegate  -  05:15 2022-11-29 am EST
12.82 EUR   -2.16%
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UniCredit CEO says firms, families are adjusting, sees recovery at end-2023

09/28/2022 | 04:26am EST
FILE PHOTO: Illustration shows Unicredit logo

MILAN (Reuters) - Italian households and businesses are adjusting to the current economic challenges and this will help the economy recover towards the end of next year after what UniCredit expects to be a mild recession, CEO Andrea Orcel said.

Speaking at the UILCA union national congress, Orcel said the extent of the pessimism of international investors towards Italy was unwarranted.

"We can see among our corporate clients that companies are adjusting, they're reviewing their entire value chain," Orcel said.

(Reporting by Valentina Za; Editing by Keith Weir)


ę Reuters 2022
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Analyst Recommendations on UNICREDIT S.P.A.
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Financials
Sales 2022 19 427 M 20 173 M 20 173 M
Net income 2022 4 601 M 4 778 M 4 778 M
Net Debt 2022 - - -
P/E ratio 2022 5,97x
Yield 2022 6,01%
Capitalization 25 705 M 26 693 M 26 693 M
Capi. / Sales 2022 1,32x
Capi. / Sales 2023 1,33x
Nbr of Employees 75 858
Free-Float 86,7%
Chart UNICREDIT S.P.A.
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UniCredit S.p.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends UNICREDIT S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 13,10 €
Average target price 16,56 €
Spread / Average Target 26,4%
EPS Revisions
Managers and Directors
Andrea Orcel Chief Executive Officer
Stefano Porro Group Chief Financial Officer
Pietro Carlo Padoan Chairman
Jingle Pang Group Head-Digital & Information Officer
Ranieri de Marchis Co-COO & General Manager
Sector and Competitors