Deutsche Bank raises target for UniCredit stock to EUR 78

Published on 10/01/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UniCredit stock costs EUR 81.16 on October 1, 2026 versus EUR 82.51. Second-quarter revenue was EUR 6.46 billion, net profit EUR 2.95 billion.

Isometrisches 3D-Cutaway einer Bankzentrale mit Trading-Floors und Büroetagen — UniCredit IT0005239360 – isometrisches 3D-Schnittmodell einer Bankzentrale mit Trading-Räumen, Serverraum und Büros über mehrere Stockwerke, Illustration mit AI erstellt.

UniCredit (ISIN IT0005239360) was trading at EUR 81.16 at Lang & Schwarz on October 1, 2026 at 3:34 p.m. CEST, down 1.64 percent versus the prior close of EUR 82.51. On September 30, Deutsche Bank Research raised its price target from EUR 77.00 to EUR 78.00 and kept a Hold rating, according to Aktiencheck.

Deutsche Bank sees limited upside

The new EUR 78.00 target remains below the Lang & Schwarz price of EUR 81.16, a gap of 3.89 percent. Deutsche Bank analyst Giovanni Razzoli cited favorable trends for Italian banks and credit growth, while keeping the rating at Hold, the report said.

The target change is modest, but it gives investors a fresh reference point after the stock's decline of EUR 1.35 from the prior close. The negative daily move also places the market price above the new target, rather than below it.

Second-quarter profit stays substantial

UniCredit reported EUR 6.46 billion of revenue and EUR 2.95 billion of net profit for the second quarter of 2026, according to Markets Insider. The same report gave prior-year figures of EUR 6.99 billion in revenue and EUR 3.34 billion in net profit, meaning revenue fell 7.58 percent and net profit declined 11.68 percent year over year.

UniCredit's own investor materials describe the first half of 2026 as its best first half in company history, with EUR 6.70 billion of revenue, EUR 3.10 billion of net profit and 28.00 percent growth in earnings per share, according to UniCredit. The contrast between the bank's first-half presentation and the second-quarter comparison makes the reporting basis important: the former covers six months, while the latter covers one quarter.

Stock remains below its yearly high

UniCredit stock had a 52-week range of EUR 57.36 to EUR 86.42 on October 1, 2026, leaving the Lang & Schwarz price 6.09 percent below the high. The market capitalization was EUR 121.7 billion on the same date.

UniCredit is listed on Borsa Italiana under ticker UCG.MI, according to Global Banking and Finance Review. The combination of a Hold rating, a target below the current euro quote and year-over-year declines in second-quarter revenue and net profit creates a more cautious near-term market frame despite the stronger first-half figures.

Price and investor reference

UniCredit was trading at EUR 81.16 at Lang & Schwarz on October 1, 2026 at 3:34 p.m. CEST, down 1.64 percent versus the Lang & Schwarz prior close of EUR 82.51 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of UniCredit stock.