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Itau Unibanco (ITUB) Jumps: Stock Rises 5.7%

Zacks Equity Research
Updated

Itau Unibanco Holding S.A. ITUB was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16.4% in the past one-month time frame.

The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Itau Unibanco (ITUB) currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

Itau Unibanco Holding S.A. Price

Itau Unibanco Holding S.A. Price | Itau Unibanco Holding S.A. Quote

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A better-ranked stock in the Banks – Foreign industry is DNB ASA DNHBY, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ITUB going up? Or down? Predict to see what others think: Up or Down

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Itau Unibanco Holding S.A. (ITUB) : Free Stock Analysis Report
 
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Zacks Investment Research