Sampo PLC (OTCMKTS:SAXPY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Sampo PLC (OTCMKTS:SAXPY) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have weighed in on SAXPY shares. Kepler Capital Markets raised shares of Sampo to a “strong-buy” rating in a research note on Thursday, June 25th. The Goldman Sachs Group upgraded shares of Sampo from a “sell” rating to a “buy” rating in a report on Thursday, July 9th. Zacks Research raised shares of Sampo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 30th. Finally, Barclays upgraded shares of Sampo from an “equal weight” rating to an “overweight” rating in a report on Wednesday, May 27th.

Sampo Stock Performance

OTCMKTS SAXPY opened at $22.90 on Wednesday. The stock has a market cap of $121.63 billion, a PE ratio of 15.47 and a beta of 0.39. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.31. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The stock has a fifty day simple moving average of $21.72 and a 200-day simple moving average of $21.44.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings data on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.05). The company had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Equities analysts anticipate that Sampo will post 1.27 earnings per share for the current year.

Sampo Company Profile

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.