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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been assigned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

ISNPY has been the topic of several research reports. Citigroup reiterated a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th. Kepler Capital Markets upgraded shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th. Finally, Morgan Stanley restated an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th.

Intesa Sanpaolo Stock Up 1.4%

ISNPY opened at $40.54 on Thursday. The firm has a market cap of $118.10 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 1.11 and a beta of 0.80. Intesa Sanpaolo has a fifty-two week low of $32.84 and a fifty-two week high of $43.62. The company’s 50-day moving average price is $38.97 and its 200 day moving average price is $39.99.

Intesa Sanpaolo (OTCMKTS:ISNPY) last released its quarterly earnings data on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The firm had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a net margin of 23.71% and a return on equity of 13.48%. Research analysts anticipate that Intesa Sanpaolo will post 4.01 earnings per share for the current year.

Intesa Sanpaolo Company Profile

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.