Barclays Raises UniCredit Target Price to 102.6 EUR

Barclays has raised its target price for UniCredit (UCG) to 102.6 EUR per share and confirmed an 'overweight' rating. The analysts anticipate that the bank will accelerate growth, enhance its revenue-to-cost differential, and sustain a Return on Tangible Equity (RotE) above 20%. They also project a 16% increase in earnings per share (EPS) for the 2027-2028 period.