Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of analysts have recently issued reports on ISNPY shares. The Goldman Sachs Group downgraded shares of Intesa Sanpaolo from a “buy” rating to a “hold” rating in a report on Wednesday, September 24th. Morgan Stanley restated an “overweight” rating on shares of Intesa Sanpaolo in a report on Monday, November 24th. Royal Bank Of Canada started coverage on shares of Intesa Sanpaolo in a research report on Wednesday, October 15th. They issued a “moderate buy” rating for the company. Keefe, Bruyette & Woods cut Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a report on Friday, November 14th. Finally, Zacks Research lowered Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS:ISNPY opened at $41.65 on Monday. Intesa Sanpaolo has a 1 year low of $23.45 and a 1 year high of $42.15. The company has a market cap of $120.88 billion, a P/E ratio of 12.40, a PEG ratio of 1.17 and a beta of 0.75. The stock’s fifty day moving average price is $39.72 and its 200-day moving average price is $37.84.

Intesa Sanpaolo Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 8th. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.9325 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 445.0%. Intesa Sanpaolo’s dividend payout ratio is presently 55.65%.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo is an Italian banking group formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. The group is one of Italy’s largest financial institutions, serving a wide range of clients from individual retail customers to large corporations and institutional investors. Its long heritage traces to several regional banks and savings institutions that became part of the consolidated group, giving it a prominent role in the Italian financial system.

The company operates across multiple business lines, including retail banking (current accounts, deposits, mortgages and consumer loans), corporate and investment banking (cash management, lending, capital markets and advisory), private banking and wealth management, asset management and insurance.