Intesa Sanpaolo SpA (ISP) Receives Consensus Rating of “Hold” from Brokerages

Intesa Sanpaolo SpA (BIT:ISP) has received a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is €3.07 ($3.66).

Several brokerages have recently weighed in on ISP. JPMorgan Chase & Co. set a €3.10 ($3.69) price objective on Intesa Sanpaolo and gave the company a “neutral” rating in a report on Wednesday, October 11th. Credit Suisse Group set a €3.20 ($3.81) price objective on Intesa Sanpaolo and gave the company a “buy” rating in a report on Thursday, November 2nd. Goldman Sachs Group set a €3.20 ($3.81) price objective on Intesa Sanpaolo and gave the company a “neutral” rating in a report on Wednesday, November 8th. UBS Group set a €3.05 ($3.63) price objective on Intesa Sanpaolo and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, Deutsche Bank set a €3.30 ($3.93) price objective on Intesa Sanpaolo and gave the company a “buy” rating in a report on Wednesday, November 8th.

Intesa Sanpaolo (BIT:ISP) opened at €2.82 ($3.36) on Monday. Intesa Sanpaolo has a 52 week low of €2.06 ($2.45) and a 52 week high of €3.01 ($3.58). The firm has a market capitalization of $47,190.00 and a PE ratio of 8.06.

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Intesa Sanpaolo Company Profile

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.

Analyst Recommendations for Intesa Sanpaolo (BIT:ISP)

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