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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been given an average rating of “Moderate Buy” by the nine brokerages that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

ISNPY has been the topic of a number of recent analyst reports. Citigroup restated a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of Intesa Sanpaolo in a research note on Monday, November 24th. Keefe, Bruyette & Woods downgraded shares of Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th.

Intesa Sanpaolo Stock Down 2.2%

Shares of Intesa Sanpaolo stock opened at $35.01 on Friday. The business has a fifty day simple moving average of $40.81 and a 200 day simple moving average of $39.82. The stock has a market cap of $101.61 billion, a PE ratio of 10.42, a price-to-earnings-growth ratio of 1.01 and a beta of 0.73. Intesa Sanpaolo has a 12 month low of $25.13 and a 12 month high of $43.62.

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.