Morgan Stanley Reiterates “€3.40” Price Target for Intesa Sanpaolo SpA (ISP)
Intesa Sanpaolo SpA (BIT:ISP) has been given a €3.40 ($3.95) target price by equities researchers at Morgan Stanley in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 20.14% from the company’s current price.
Several other equities research analysts also recently commented on the company. UBS AG set a €3.05 ($3.55) target price on Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Wednesday. Kepler Capital Markets set a €3.40 ($3.95) target price on Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Wednesday. J P Morgan Chase & Co set a €3.10 ($3.60) target price on Intesa Sanpaolo SpA and gave the stock a “neutral” rating in a report on Tuesday. Credit Suisse Group set a €3.20 ($3.72) target price on Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Thursday, November 2nd. Finally, Deutsche Bank AG set a €3.30 ($3.84) target price on Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of €3.03 ($3.52).
Shares of Intesa Sanpaolo SpA (BIT ISP) opened at €2.83 ($3.29) on Wednesday. Intesa Sanpaolo SpA has a 1-year low of €1.94 ($2.26) and a 1-year high of €3.01 ($3.50).
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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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