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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company.

Several research firms have weighed in on ISNPY. Keefe, Bruyette & Woods cut shares of Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 14th. Zacks Research lowered shares of Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Citigroup reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a report on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th.

Intesa Sanpaolo Stock Down 0.9%

OTCMKTS:ISNPY opened at $40.78 on Tuesday. The stock has a fifty day simple moving average of $41.68 and a 200 day simple moving average of $39.74. The firm has a market capitalization of $118.35 billion, a price-to-earnings ratio of 12.14, a price-to-earnings-growth ratio of 1.16 and a beta of 0.74. Intesa Sanpaolo has a 1-year low of $25.13 and a 1-year high of $43.62.

Intesa Sanpaolo Dividend Announcement

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

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.