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

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

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Intesa Sanpaolo in a research note on Thursday, July 30th.

Intesa Sanpaolo Price Performance

OTCMKTS ISNPY traded down $1.14 during trading hours on Friday, reaching $45.81. 73,772 shares of the company’s stock traded hands, compared to its average volume of 334,942. Intesa Sanpaolo has a 52-week low of $34.06 and a 52-week high of $48.42. The firm has a market cap of $135.01 billion, a PE ratio of 12.31 and a beta of 0.79. The firm has a 50-day simple moving average of $46.11 and a 200 day simple moving average of $41.78.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. is an Italian banking group headquartered in Turin, Italy. The company was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI and is one of Italy’s major providers of financial services.

Intesa Sanpaolo serves individuals, businesses, institutions and public-sector organizations through retail and commercial banking, corporate and investment banking, private banking, wealth management, asset management and insurance. Its products and services include deposit accounts, lending, payment services, investment products, financial advisory and insurance solutions.

The group has an extensive presence in Italy and operates internationally, particularly across Central and Eastern Europe.