Unicaja Banco SA (UNJCF) Receives a Buy from Berenberg Bank


In a report released yesterday, Michael Christodoulou from Berenberg Bank maintained a Buy rating on Unicaja Banco SA (UNJCF), with a price target of EUR1.10. The company’s shares closed last Monday at $0.82.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Unicaja Banco SA with a $1.22 average price target.

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Based on Unicaja Banco SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $59.43 million. In comparison, last year the company had a net profit of $43.04 million.

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Unicaja Banco SA engages in providing commercial banking services. It offers savings and deposit accounts, current accounts, financing services, asset management, Unicaja remote services, cards, insurance, zero plan for professional freelancers, and zero plan for professional firms .The company was founded on December 1, 2011 and is headquartered in Malaga, Spain.

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