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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

ISNPY has been the subject of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. Kepler Capital Markets raised Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS:ISNPY opened at $37.98 on Wednesday. Intesa Sanpaolo has a fifty-two week low of $25.17 and a fifty-two week high of $43.62. The business has a 50-day moving average of $38.87 and a two-hundred day moving average of $39.57. The stock has a market capitalization of $110.23 billion, a P/E ratio of 11.30, a P/E/G ratio of 1.03 and a beta of 0.77.

Intesa Sanpaolo (OTCMKTS:ISNPY) last announced its quarterly earnings results on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. Intesa Sanpaolo had a return on equity of 13.57% and a net margin of 22.67%.The company had revenue of $8.23 billion during the quarter. As a group, research analysts expect that Intesa Sanpaolo will post 2.91 EPS for the current fiscal 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.