Sampo (OTCMKTS:SAXPY) Lowered to “Hold” Rating by Keefe, Bruyette & Woods

Sampo (OTCMKTS:SAXPY) was downgraded by Keefe, Bruyette & Woods from a “moderate buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Citigroup reissued a “neutral” rating on shares of Sampo in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Sampo Stock Down 0.1%

Shares of OTCMKTS:SAXPY opened at $23.03 on Monday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.43. The firm has a market cap of $123.96 billion, a price-to-earnings ratio of 22.89 and a beta of 0.52. The stock’s 50-day moving average price is $22.70 and its two-hundred day moving average price is $22.00. Sampo has a 12-month low of $15.70 and a 12-month high of $23.52.

Sampo (OTCMKTS:SAXPY) last announced its quarterly earnings data on Wednesday, November 5th. The financial services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.10. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.27 billion.

Sampo Company Profile

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.