Sampo PLC (OTCMKTS:SAXPY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Sampo PLC (OTCMKTS:SAXPY) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

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

Sampo Stock Up 1.0%

OTCMKTS:SAXPY opened at $21.76 on Friday. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The firm has a market capitalization of $115.57 billion, a price-to-earnings ratio of 14.70 and a beta of 0.38. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average price is $22.13 and its two-hundred day moving average price is $21.52.

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

About Sampo

Sampo Oyj is a Finnish insurance group focused on property and casualty insurance in Northern Europe. Through its operating companies, Sampo provides insurance products and related services to individuals, businesses and public-sector organizations, including coverage for motor vehicles, homes, property, travel, personal accidents, liability and business risks.

Sampo’s principal insurance operations include If P&C Insurance, which serves customers across Finland, Sweden, Norway, Denmark and the Baltic countries, and Topdanmark, a major insurer in Denmark.