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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have received an average rating of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have recently weighed in on ISNPY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Citigroup reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th. Keefe, Bruyette & Woods cut Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 14th. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a report on Monday, November 24th. Finally, Zacks Research downgraded shares of Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th.

Intesa Sanpaolo Stock Down 2.4%

Shares of OTCMKTS:ISNPY opened at $40.47 on Tuesday. The company’s 50-day moving average price is $41.62 and its 200 day moving average price is $39.69. The company has a market cap of $117.44 billion, a PE ratio of 12.04, a P/E/G ratio of 1.14 and a beta of 0.74. Intesa Sanpaolo has a fifty-two week low of $25.13 and a fifty-two week high of $43.62.

Intesa Sanpaolo Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, December 8th. Stockholders of record on Tuesday, December 2nd were issued a $0.9325 dividend. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 445.0%. Intesa Sanpaolo’s dividend payout ratio (DPR) is 55.65%.

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.