Before going into detail on some aspects of the title and, above all, discussing how to make winning trades on Unicredit, let us quickly recall some data.
The dividend distributed by the company is interesting even if lower than the market average (see figure below). However, the current pay-out is less than 20%, so the current dividend level can be guaranteed quite easily in the future. This aspect is very important especially if we consider that for the next three years the earnings growth is expected to be negative at a rate of -6% per year.
For further information on other aspects of the Unicredit title click here.
Analysts' judgment on Unicredit
When asked about "how to invest their savings with the odds in favor" the analysts' response is very clear "buy Unicredit shares right away". Indeed, the average consensus is BUY with an average appreciation potential of 21.3%. In the most optimistic case the undervaluation rises to 43.5%, while in the most pessimistic scenario the overvaluation is equal to 47.8%.
| Average consent | BUY |
| Number of analysts | 27 |
| Average target price | € 13.95 |
| Last closing price | € 11.50 |
| Spread / maximum target price | 43.5% |
| Spread / Average Target Price | 21.3% |
| Spread / Minimum target price | -47.8% |
Analysis of the Unicredit financial statements
The analysis of the company's balance sheet sees a fairly positive situation, even if some notes of concern are not missing. The main aspects are listed below by points.
Inventory level: Unicredit has a low level of unsold goods or inventory.
Debt coverage by activity: The company's debt is not covered by short-term assets (the assets are 0.9x debt).
Level of activities: The level of activity compared to its net assets is moderate.
Bad debts devaluation fund: the bacna has a low bad debt provision.
Low-risk liabilities: The liabilities of the are mainly made up of low-risk financing sources.
Loan level: the Piazza Cordusio bank has an acceptable percentage of non-financial assets held.
Low risk deposits: Loans supported by the company are largely financed by customer deposits.
Bad debt level: Unicredit has a high level of bad loans (7.13%).
Graphic analysis and forecasting
Unicredit (UCG) closed the session on October 18th up 0.56% compared to the previous session at € 11.5.
To develop a winning trading strategy it is of primary importance to understand the key levels that can determine acceleration of the current trend or trend reversal.
On Unicredit, a bullish projection is underway, pointing to the first price target in the € 12.4448 area. However, it should be noted that the intermediate resistance in the € 11.53 area is resisting strongly. In the coming days, therefore, it should be monitored at the end of the session what happens near this level. His break would push the prices towards € 12.4448 area before and then towards the II target price in the area € 14.8548.
In the event that the resistance does not yield, then the support in the area € 10.95 should be monitored. Its breakup would reverse the current trend.
Only by observing these levels can you understand how to invest your savings with the odds in favor on the Unicredit stock.
Unicredit: bullish projection in progress on the weekly time frame. The blue line represents the levels of Running Bisector; the red line the levels of The New Law of Vibration.
Source link
https://www.proiezionidiborsa.it/come-investire-i-propri-risparmi-con-le-probabilita-a-favore-nel-settore-bancario/
Dmca
