Intesa Sanpaolo SpA (BIT:ISP) had its price objective raised by S&P Equity Research from €1.50 ($2.00) to €1.75 ($2.33) in a research report released on Thursday morning, American Banking News reports. S&P Equity Research currently has a hold rating on the stock.
Separately, analysts at Natixis raised their price target on shares of Intesa Sanpaolo SpA from €1.92 ($2.56) to €2.00 ($2.67) in a research note to investors on Thursday. They now have a buy rating on the stock. Four analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €1.46 ($1.95).
Shares of Intesa Sanpaolo SpA (BIT:ISP) traded down 2.19% on Thursday, hitting €1.6990. The stock had a trading volume of 133,417,416 shares. Intesa Sanpaolo SpA has a 52 week low of €1.0880 and a 52 week high of €1.8630. The stock has a 50-day moving average of €1.75 and a 200-day moving average of €1.50. The company has a market cap of €29.788 billion and a P/E ratio of 37.76.
Intesa Sanpaolo SpA is an Italy-based banking group. It provides banking services for private and corporate customers.
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