Intesa Sanpaolo SpA (ISP) Given a €3.10 Price Target at J P Morgan Chase & Co
Intesa Sanpaolo SpA (BIT:ISP) has been given a €3.10 ($3.65) target price by J P Morgan Chase & Co in a report released on Wednesday. The firm presently has a “neutral” rating on the stock.
A number of other research firms have also commented on ISP. Citigroup Inc. set a €3.20 ($3.76) target price on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Intesa Sanpaolo SpA in a report on Tuesday, August 1st. Jefferies Group LLC set a €3.15 ($3.71) target price on shares of Intesa Sanpaolo SpA and gave the stock a “neutral” rating in a report on Tuesday, July 25th. Morgan Stanley set a €3.40 ($4.00) target price on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Thursday, July 20th. Finally, Deutsche Bank AG set a €3.30 ($3.88) target price on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. Intesa Sanpaolo SpA currently has a consensus rating of “Buy” and a consensus target price of €3.00 ($3.53).
Shares of Intesa Sanpaolo SpA (ISP) opened at 2.888 on Wednesday. Intesa Sanpaolo SpA has a 1-year low of €1.91 and a 1-year high of €3.01. The company has a market capitalization of €44.82 billion and a price-to-earnings ratio of 7.293. The stock’s 50 day moving average price is €2.90 and its 200 day moving average price is €2.76.
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About Intesa Sanpaolo SpA
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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