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

Shares of Sampo PLC (OTCMKTS:SAXPY) have received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

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

Sampo Stock Up 0.3%

Sampo stock opened at $22.41 on Wednesday. The firm has a market cap of $119.03 billion, a price-to-earnings ratio of 15.14 and a beta of 0.39. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.30 and a quick ratio of 0.30. Sampo has a fifty-two week low of $19.93 and a fifty-two week high of $24.43. The firm has a fifty day moving average price of $21.55 and a two-hundred day moving average price of $21.43.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.05). The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $2.96 billion. As a group, analysts forecast that Sampo will post 1.27 earnings per share for the current year.

Sampo Company Profile

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.