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

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

ISNPY has been the topic of several recent analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Intesa Sanpaolo in a research report on Thursday, July 30th.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS:ISNPY opened at $47.03 on Thursday. Intesa Sanpaolo has a 1 year low of $34.06 and a 1 year high of $47.13. The business’s 50-day moving average is $42.29 and its 200-day moving average is $40.57. The company has a market capitalization of $138.60 billion, a price-to-earnings ratio of 12.64 and a beta of 0.79.

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.