Sampo PLC (SAXPY) – What Are Researchers Thinking About This Stock?

Sampo PLC (OTCMKTS:SAXPY) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have commented on SAXPY. Zacks Research upgraded shares of Sampo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. The Goldman Sachs Group raised shares of Sampo from a “sell” rating to a “buy” rating in a report on Thursday, July 9th. Finally, Kepler Capital Markets raised Sampo to a “strong-buy” rating in a report on Thursday, June 25th.

Sampo Stock Up 0.6%

Shares of SAXPY opened at $19.67 on Thursday. The stock has a market capitalization of $104.47 billion, a price-to-earnings ratio of 13.29 and a beta of 0.38. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 0.29. Sampo has a one year low of $19.35 and a one year high of $24.43. The stock has a 50 day moving average price of $21.53 and a 200 day moving average price of $21.36.

Sampo (OTCMKTS:SAXPY) last issued its earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.05). The firm had revenue of $3.67 billion during the quarter, compared to analyst estimates of $2.96 billion. Equities research analysts forecast that Sampo will post 1.27 earnings per share for the current fiscal year.

Sampo Company Profile

Sampo Oyj is a Finland-based insurance group focused on property and casualty (P&C) insurance. Through its subsidiaries, the company provides insurance products for individuals, businesses and public-sector customers, including motor, home, travel, personal accident, commercial property, liability and other specialty coverage.

Sampo’s principal insurance businesses include If P&C Insurance, which operates across the Nordic region and the Baltic countries, Topdanmark in Denmark, and Hastings in the United Kingdom.