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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have recently commented on ISNPY. Kepler Capital Markets raised Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th.

Intesa Sanpaolo Price Performance

Intesa Sanpaolo stock opened at $39.81 on Wednesday. The company has a market capitalization of $115.54 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 1.10 and a beta of 0.77. Intesa Sanpaolo has a one year low of $27.75 and a one year high of $43.62. The company’s fifty day moving average price is $38.71 and its two-hundred day moving average price is $39.57.

Intesa Sanpaolo (OTCMKTS:ISNPY) last issued its quarterly earnings data on Friday, April 3rd. The financial services provider reported $0.70 EPS for the quarter. The business had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a return on equity of 13.57% and a net margin of 22.67%. As a group, sell-side analysts anticipate that Intesa Sanpaolo will post 2.91 earnings per share for the current year.

About Intesa Sanpaolo

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.