Intesa Sanpaolo SpA (ISNPY) Cut to “Neutral” at J P Morgan Chase & Co

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) was downgraded by J P Morgan Chase & Co from an “overweight” rating to a “neutral” rating in a report issued on Wednesday.

A number of other equities research analysts have also issued reports on the company. Zacks Investment Research upgraded Intesa Sanpaolo SpA from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. ValuEngine lowered Intesa Sanpaolo SpA from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, HSBC Holdings plc upgraded Intesa Sanpaolo SpA from a “hold” rating to a “buy” rating in a research report on Wednesday, August 16th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold”.

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) traded up 0.14% during trading on Wednesday, reaching $20.50. The company’s stock had a trading volume of 4,318 shares. The stock has a 50-day moving average of $20.73 and a 200 day moving average of $18.96. Intesa Sanpaolo SpA has a one year low of $12.28 and a one year high of $21.51. The firm has a market capitalization of $54.19 billion, a P/E ratio of 7.18 and a beta of 1.17.

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Intesa Sanpaolo SpA Company Profile

Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.

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