|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||27.45 - 27.52|
|52-week range||12.90 - 27.85|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||5.20|
|Forward dividend & yield||1.08 (3.94%)|
|Ex-dividend date||24 Apr 2023|
|1y target est||8.39|
If you are looking for stocks that are well positioned to maintain their recent uptrend, UniCredit (UNCFF) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
ZURICH (Reuters) -The Financial Stability Board (FSB) on Monday removed Italy's UniCredit from the list of global systemically important banks and moved three banks, including Switzerland's UBS, up a bucket. The G20's FSB began the annual rankings after the global financial crisis, requiring the world's biggest lenders to hold an extra buffer of capital, calibrated across five so-called buckets, and to undergo tougher scrutiny of their operations. UniCredit, which was the only lender in Italy among those deemed as being of global systemic importance by the FSB, had no comment.
Amundi is considering offering UniCredit better terms to be able to extend a distribution accord that ties the French asset manager to the Italian bank and its biggest foreign market, a person close to the matter said. Renewing the agreement would protect Europe's largest fund manager's foothold in a market that accounts for nearly a fifth of its assets under management (AUM) outside France. Analysts have flagged concerns at the impact on inflows from the possible loss of the contract Amundi has with its main distributor in Italy, where its AUM amount to 197 billion euros ($215 billion), or 10% of its total.