Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Given Average Rating of “Moderate Buy” by Analysts

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

ISNPY has been the topic of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a report on Thursday, April 16th. Kepler Capital Markets upgraded Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 1st.

Intesa Sanpaolo Stock Performance

ISNPY stock opened at $40.76 on Monday. The business’s 50-day moving average price is $40.52 and its two-hundred day moving average price is $40.15. The firm has a market cap of $118.74 billion, a PE ratio of 10.96 and a beta of 0.79. Intesa Sanpaolo has a 1-year low of $33.93 and a 1-year high of $43.62.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its earnings results on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The firm had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a return on equity of 14.10% and a net margin of 25.19%. On average, analysts forecast that Intesa Sanpaolo will post 4.25 earnings per share for the current year.

About Intesa Sanpaolo

Intesa Sanpaolo is an Italian banking group formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. The group is one of Italy’s largest financial institutions, serving a wide range of clients from individual retail customers to large corporations and institutional investors. Its long heritage traces to several regional banks and savings institutions that became part of the consolidated group, giving it a prominent role in the Italian financial system.

The company operates across multiple business lines, including retail banking (current accounts, deposits, mortgages and consumer loans), corporate and investment banking (cash management, lending, capital markets and advisory), private banking and wealth management, asset management and insurance.