Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the company, MarketBeat reports. Three 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.

A number of equities analysts have recently commented on the stock. Citigroup reissued a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th. Kepler Capital Markets raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th.

Intesa Sanpaolo Trading Down 2.4%

OTCMKTS ISNPY opened at $39.32 on Thursday. The business’s 50-day moving average price is $39.44 and its 200 day moving average price is $39.97. Intesa Sanpaolo has a twelve month low of $32.84 and a twelve month high of $43.62. The company has a market capitalization of $114.55 billion, a PE ratio of 10.57, a price-to-earnings-growth ratio of 1.12 and a beta of 0.78.

Intesa Sanpaolo (OTCMKTS:ISNPY) last issued its earnings results on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The business had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a return on equity of 14.10% and a net margin of 25.19%. Equities analysts predict that Intesa Sanpaolo will post 4.01 EPS 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.