Itau Unibanco Holding SA (ADR) (ITUB) was Upgraded by Barclays to ” Overweight”. Earlier the firm had a rating of “Equal Weight ” on the company shares. Barclays advised their investors in a research report released on Apr 27, 2016.
Many Wall Street Analysts have commented on Itau Unibanco Holding SA (ADR). Itau Unibanco Holding SA (ADR) was Downgraded by Citigroup to ” Sell” on Apr 8, 2016. Itau Unibanco Holding SA (ADR) was Downgraded by Goldman to ” Sell” on Mar 29, 2016.
Itau Unibanco Holding SA (ADR) closed down -0.21 points or -2.32% at $8.85 with 2,19,24,083 shares getting traded on Friday. Post opening the session at $8.86, the shares hit an intraday low of $8.78 and an intraday high of $9.01 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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. It operates in four segments: Commercial Bank-Retail which offers a range of banking services for retail individuals or clients and for companies including services such as asset management investor services insurance private pension plans and credit cards issued to account holders; Consumer Credit-Retail which offers financial products and services to account holders such as vehicle financing credit card transactions and consumer financing; Wholesale Bank which offers wholesale products and services to large and medium-sized companies as well as investment bank activities and The Activities with the Market and Corporation segment manages the interest income associated with ITAU UNIBANCO HOLDING capital surplus subordinated debt surplus and the net balance of tax credits and debits.