Sampo PLC (OTCMKTS:SAXPY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Sampo PLC (OTCMKTS:SAXPY) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have commented on SAXPY shares. Citigroup reiterated a “neutral” rating on shares of Sampo in a report on Friday, April 24th. Zacks Research upgraded shares of Sampo from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. The Goldman Sachs Group upgraded shares of Sampo from a “sell” rating to a “buy” rating in a research report on Thursday, July 9th. Barclays raised shares of Sampo from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, May 27th. Finally, Kepler Capital Markets raised shares of Sampo to a “strong-buy” rating in a research note on Thursday, June 25th.

Sampo Trading Up 0.6%

Shares of OTCMKTS SAXPY opened at $21.86 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.31. Sampo has a 12 month low of $19.93 and a 12 month high of $24.43. The company has a market cap of $116.11 billion, a price-to-earnings ratio of 15.18 and a beta of 0.40. The business has a fifty day simple moving average of $21.21 and a 200-day simple moving average of $21.55.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. The company had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.48 billion. Sell-side analysts predict that Sampo will post 1.3 EPS for the current year.

About Sampo

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.