Published On: Wed, Oct 19th, 2016

Analyst Review: Itau Unibanco Banco Holding SA (NYSE:ITUB)


A number of investment brokers have recently updated their price targets on shares of Itau Unibanco Banco Holding SA (NYSE:ITUB).

Most recent broker ratings

08/16/2016 – Itau Unibanco Banco Holding SA had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 11 price target on the stock.

07/20/2016 – Itau Unibanco Banco Holding SA was upgraded to “neutral” by analysts at Goldman Sachs.

06/02/2016 – Itau Unibanco Banco Holding SA had its “hold” rating reiterated by analysts at HSBC.

04/27/2016 – Itau Unibanco Banco Holding SA was upgraded to “overweight” by analysts at Barclays.

04/08/2016 – Itau Unibanco Banco Holding SA was downgraded to “sell” by analysts at Citigroup.

03/22/2016 – Itau Unibanco Banco Holding SA had its “hold” rating reiterated by analysts at Deutsche Bank.

10/13/2015 – Itau Unibanco Banco Holding SA was downgraded to “underperform” by analysts at Credit Suisse. They now have a USD 30 price target on the stock.

09/17/2014 – Itau Unibanco Banco Holding SA had its “neutral” rating reiterated by analysts at Zacks. They now have a USD 17.5 price target on the stock.

The share price of Itau Unibanco Banco Holding SA (NYSE:ITUB) was up +2.63% during the last day of trading, with a day high of 11.59. 13039654 shares were traded during the last session.

The stock’s 50 day moving average is 11.29 and its 200 day moving average is 9.92. The stock’s market capitalization is 68.49B. Itau Unibanco Banco Holding SA has a 52-week low of 5.48 and a 52-week high of 12.39.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. It is engaged in banking activities, through its commercial, investment, real estate loan, finance and investment credit, and lease portfolios, including foreign exchange operations and other complementary activities. It operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. Its Retail Banking segment includes retail clients, high net worth clients and the corporate segment. The Wholesale Banking segment offers products and services to middle-market companies, private banking clients, from the activities of Latin America units and the activities of Itau BBA. The Activities with the Market + Corporation segment records the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debits.