Zacks Rating on Itau Unibanco Banco Holding SA (ITUB)

Itau Unibanco Banco Holding SA (ITUB) : Zacks Investment Research ranks Itau Unibanco Banco Holding SA (ITUB) as 2, which is a Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. The average broker rating of 6 research analysts is 2.33, which indicates as a Buy.

Itau Unibanco Banco Holding SA (ITUB) : Average target price received by Itau Unibanco Banco Holding SA (ITUB) is $9 with an expected standard deviation of $1.73. The most aggressive target on the stock is $11, whereas the most downbeat target is $8. 3 financial analysts are currently covering the stock.


Itau Unibanco Holding S.A. has dropped 2.83% in the last five trading days, however, the shares have posted positive gains of 7.93% in the last 4 weeks. Itau Unibanco Holding S.A. is up 32.63% in the last 3-month period. Year-to-Date the stock performance stands at 76.21%. Itau Unibanco Banco Holding SA (NYSE:ITUB): On Tuesdays trading session , Opening price of the stock was $11.26 with an intraday high of $11.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.975. However, the stock managed to close at $10.99, a loss of 0.99% for the day. On the previous day, the stock had closed at $11.1. The total traded volume of the day was 12,105,758 shares.

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.

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