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

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

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

Sampo Price Performance

Shares of SAXPY stock traded up $0.21 during trading hours on Tuesday, hitting $21.45. The company’s stock had a trading volume of 1,925 shares, compared to its average volume of 121,632. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.31. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The stock has a market cap of $113.93 billion, a price-to-earnings ratio of 14.90 and a beta of 0.40. The business has a fifty day moving average of $20.90 and a 200-day moving average of $21.77.

Sampo (OTCMKTS:SAXPY) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.07. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.48 billion. As a group, equities research analysts anticipate 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.