Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have received an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a research note on Thursday, July 30th.

Intesa Sanpaolo Stock Up 1.3%

Shares of ISNPY traded up $0.54 during trading hours on Tuesday, hitting $41.66. The company had a trading volume of 75,422 shares, compared to its average volume of 324,102. The firm has a market cap of $122.78 billion, a P/E ratio of 11.20 and a beta of 0.81. Intesa Sanpaolo has a 52-week low of $34.06 and a 52-week high of $48.42. The stock’s 50 day moving average price is $46.24 and its 200 day moving average price is $42.74.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. is an Italian banking group headquartered in Turin and one of the country’s leading financial institutions. The company was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI, combining their banking, investment and financial services operations.

Intesa Sanpaolo provides a broad range of services to individuals, businesses and institutional clients. Its activities include retail and commercial banking, consumer finance, mortgages, corporate lending, investment banking, private banking, wealth management, asset management and insurance.