Brokers Set Expectations for Intesa Sanpaolo Spa’s FY2019 Earnings (ISNPY)

Intesa Sanpaolo Spa (OTCMKTS:ISNPY) – Equities researchers at Jefferies Group decreased their FY2019 earnings per share (EPS) estimates for Intesa Sanpaolo in a research note issued to investors on Monday. Jefferies Group analyst B. Creelan-Sandf now forecasts that the financial services provider will earn $2.05 per share for the year, down from their previous forecast of $2.08.

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

Shares of Intesa Sanpaolo (OTCMKTS ISNPY) traded up $0.47 during midday trading on Wednesday, hitting $23.28. 94,274 shares of the stock traded hands, compared to its average volume of 153,332. Intesa Sanpaolo has a one year low of $13.13 and a one year 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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