Sampo PLC (OTCMKTS:SAXPY) Receives Average Recommendation of “Moderate Buy” from Analysts

Sampo PLC (OTCMKTS:SAXPY) has received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

SAXPY has been the subject of a number of recent research reports. Zacks Research raised shares of Sampo to a “strong sell” rating in a research report on Monday, May 4th. Barclays raised shares of Sampo from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, May 27th. Kepler Capital Markets raised Sampo to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Citigroup reissued a “neutral” rating on shares of Sampo in a research note on Friday, April 24th.

Sampo Price Performance

Shares of SAXPY opened at $20.94 on Tuesday. The company has a market cap of $111.22 billion, a price-to-earnings ratio of 14.54 and a beta of 0.39. Sampo has a 1-year low of $19.93 and a 1-year high of $24.43. The company’s fifty day simple moving average is $20.95 and its 200 day simple moving average is $21.83. 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 (OTCMKTS:SAXPY) last released its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.48 billion. On average, research analysts forecast that Sampo will post 1.3 earnings per share for the current fiscal 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.