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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of analysts recently weighed in on ISNPY shares. Citigroup restated a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Kepler Capital Markets raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th.

Intesa Sanpaolo Price Performance

Intesa Sanpaolo stock opened at $40.54 on Thursday. The firm has a 50 day simple moving average of $38.97 and a 200-day simple moving average of $39.99. The stock has a market capitalization of $118.10 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 1.11 and a beta of 0.80. Intesa Sanpaolo has a 12-month low of $32.84 and a 12-month high of $43.62.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its quarterly earnings data on Friday, April 3rd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter. The business had revenue of $8.23 billion during the quarter. Intesa Sanpaolo had a net margin of 23.71% and a return on equity of 13.48%. On average, analysts forecast that Intesa Sanpaolo will post 4.01 earnings per share for the current fiscal year.

Intesa Sanpaolo Company Profile

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.