Societe Generale Reiterates €3.00 Price Target for Intesa Sanpaolo SpA (ISP)
Intesa Sanpaolo SpA (BIT:ISP) has been assigned a €3.00 ($3.57) price objective by stock analysts at Societe Generale in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.
Several other research analysts also recently issued reports on the stock. UBS AG set a €2.80 ($3.33) target price on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a research note on Wednesday, June 21st. J P Morgan Chase & Co set a €3.40 ($4.05) price objective on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Wednesday, June 28th. Royal Bank Of Canada set a €3.30 ($3.93) price objective on Intesa Sanpaolo SpA and gave the company a “buy” rating in a research report on Thursday, August 17th. Berenberg Bank set a €1.80 ($2.14) target price on Intesa Sanpaolo SpA and gave the company a “sell” rating in a research note on Thursday, July 6th. Finally, Jefferies Group LLC set a €3.15 ($3.75) target price on Intesa Sanpaolo SpA and gave the company a “neutral” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. Intesa Sanpaolo SpA currently has an average rating of “Buy” and an average price target of €3.02 ($3.59).
Shares of Intesa Sanpaolo SpA (BIT:ISP) opened at 2.988 on Monday. The stock has a market capitalization of €46.38 billion and a P/E ratio of 7.545. The company’s 50 day moving average price is €2.88 and its 200-day moving average price is €2.70. Intesa Sanpaolo SpA has a 12 month low of €1.85 and a 12 month high of €3.01.
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Intesa Sanpaolo SpA Company Profile
Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.
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