Intesa Sanpaolo Spa (ISNPY) to Post FY2018 Earnings of $1.68 Per Share, Jefferies Group Forecasts

Intesa Sanpaolo Spa (OTCMKTS:ISNPY) – Research analysts at Jefferies Group raised their FY2018 earnings per share estimates for shares of Intesa Sanpaolo in a research note issued to investors on Monday. Jefferies Group analyst B. Creelan-Sandf now anticipates that the financial services provider will post earnings per share of $1.68 for the year, up from their previous estimate of $1.64. Jefferies Group also issued estimates for Intesa Sanpaolo’s FY2020 earnings at $2.34 EPS.

Other equities research analysts also recently issued reports about the stock. ValuEngine upgraded shares of Intesa Sanpaolo from a “hold” rating to a “buy” rating in a report on Monday, February 5th. JPMorgan Chase & Co. upgraded shares of Intesa Sanpaolo from a “neutral” rating to an “overweight” rating in a report on Wednesday, February 7th. Finally, Zacks Investment Research upgraded shares of Intesa Sanpaolo from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy”.

Intesa Sanpaolo (OTCMKTS:ISNPY) traded down $0.22 during trading hours on Tuesday, reaching $22.79. 27,097 shares of the company’s stock traded hands, compared to its average volume of 151,809. Intesa Sanpaolo has a 52-week low of $13.13 and a 52-week high of $23.85.

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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.

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