Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been assigned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Three 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.

Several analysts have commented on the stock. Kepler Capital Markets raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research report on Thursday, April 16th.

Intesa Sanpaolo Stock Down 0.8%

ISNPY stock opened at $40.76 on Monday. The company has a market capitalization of $118.74 billion, a price-to-earnings ratio of 10.96 and a beta of 0.78. Intesa Sanpaolo has a 12 month low of $33.93 and a 12 month high of $43.62. The firm has a 50 day moving average of $40.52 and a two-hundred day moving average of $40.14.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its earnings results on Friday, April 3rd. The financial services provider reported $0.70 EPS for the quarter. The company had revenue of $8.23 billion during the quarter. Intesa Sanpaolo had a net margin of 25.19% and a return on equity of 14.10%. On average, research analysts expect that Intesa Sanpaolo will post 4.25 EPS for the current fiscal 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.