Intesa Sanpaolo (ISNPY) to Announce Earnings on Thursday

Intesa Sanpaolo (OTCMKTS:ISNPY) is anticipated to post its resultson Thursday, September 3rd. Analysts expect the company to post earnings of $0.9580 per share and revenue of $7.9560 billion for the quarter.

Intesa Sanpaolo Price Performance

Shares of Intesa Sanpaolo stock opened at $47.17 on Tuesday. The firm’s fifty day simple moving average is $44.82 and its 200-day simple moving average is $41.27. The stock has a market capitalization of $139.01 billion, a price-to-earnings ratio of 12.68 and a beta of 0.79. Intesa Sanpaolo has a 12 month low of $34.06 and a 12 month high of $48.42.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.