Sampo PLC (OTCMKTS:SAXPY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

Several research analysts have weighed in on SAXPY shares. 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 Sampo from a “sell” rating to a “buy” rating in a research note on Thursday, July 9th. Zacks Research raised shares of Sampo from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. Kepler Capital Markets raised shares of Sampo to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Citigroup restated a “neutral” rating on shares of Sampo in a research report on Friday, April 24th.

Sampo Trading Down 0.2%

OTCMKTS:SAXPY opened at $22.10 on Friday. 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 one year low of $19.93 and a one year high of $24.43. The company has a market cap of $117.38 billion, a PE ratio of 15.35 and a beta of 0.40. The firm has a 50-day moving average of $21.26 and a 200-day moving average of $21.50.

Sampo (OTCMKTS:SAXPY) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.07. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.48 billion. As a group, equities research analysts expect that Sampo will post 1.26 EPS for the current fiscal 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.