Sampo Oyj (OTCMKTS:SAXPY) Given Consensus Recommendation of “Hold” by Brokerages

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) has been assigned an average rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $43.00.

Several research firms recently weighed in on SAXPY. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Sampo Oyj from €44.00 ($45.83) to €43.00 ($44.79) and set a “hold” rating on the stock in a research note on Wednesday, March 16th. Morgan Stanley began coverage on shares of Sampo Oyj in a research note on Tuesday, February 8th. They set an “underweight” rating on the stock. Barclays began coverage on shares of Sampo Oyj in a research note on Wednesday, March 23rd. They set an “equal weight” rating on the stock. Finally, HSBC lowered shares of Sampo Oyj from a “buy” rating to a “hold” rating in a research note on Thursday, April 7th.

Sampo Oyj stock opened at $24.00 on Thursday. The company’s 50 day simple moving average is $24.49 and its 200 day simple moving average is $24.59. Sampo Oyj has a fifty-two week low of $20.18 and a fifty-two week high of $27.35. The firm has a market capitalization of $25.83 billion, a price-to-earnings ratio of 8.73 and a beta of 1.08. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.35 and a quick ratio of 0.32.

The business also recently announced a dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Friday, May 20th will be issued a dividend of $1.3967 per share. The ex-dividend date is Thursday, May 19th. This represents a yield of 5.91%. Sampo Oyj’s dividend payout ratio (DPR) is currently 22.55%.

Sampo Oyj Company Profile (Get Rating)

Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. It operates through If, Topdanmark, Mandatum, and Holding segments. The company offers household, homeowner, motor, accident, travel, boat, forest, livestock, property, casualty, liability, casualty, and cargo insurance.

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