Sampo PLC (OTCMKTS:SAXPY) Receives Average Recommendation of “Moderate Buy” from Analysts

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

Several equities research analysts have issued reports on the company. Zacks Research raised Sampo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. Kepler Capital Markets raised Sampo to a “strong-buy” rating in a research note on Thursday, June 25th. The Goldman Sachs Group upgraded Sampo from a “sell” rating to a “buy” rating in a report on Thursday, July 9th. Finally, Barclays raised Sampo from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, May 27th.

Sampo Stock Performance

Sampo stock opened at $21.80 on Friday. The firm has a 50 day simple moving average of $22.12 and a 200-day simple moving average of $21.52. Sampo has a 1-year low of $19.93 and a 1-year high of $24.43. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.30 and a quick ratio of 0.30. The stock has a market cap of $115.79 billion, a price-to-earnings ratio of 14.73 and a beta of 0.38.

Sampo (OTCMKTS:SAXPY) last announced its quarterly earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.05). The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $2.96 billion. On average, analysts expect that Sampo will post 1.27 EPS for the current 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.