UniCredit SpA (IT:UCG) has released an update.
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Moody’s has confirmed UniCredit’s ratings at Baa1 with a stable outlook, indicating that potential acquisitions, such as Banco BPM or Commerzbank, won’t hinder its credit stability. The rating agency suggests a possibility of an upgraded stand-alone rating for UniCredit, which could enhance its senior non-preferred and junior debt ratings.
For further insights into IT:UCG stock, check out TipRanks’ Stock Analysis page.
