Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Average Rating of “Moderate Buy” from Brokerages

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the company, 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 equities analysts recently commented on the company. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a research report on Monday, November 24th. Citigroup reiterated a “buy” rating on shares of Intesa Sanpaolo in a report on Wednesday, February 4th. Zacks Research cut shares of Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Keefe, Bruyette & Woods cut shares of Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th.

Intesa Sanpaolo Trading Up 2.2%

ISNPY stock opened at $41.67 on Tuesday. The firm has a 50-day moving average of $41.71 and a two-hundred day moving average of $39.81. Intesa Sanpaolo has a 12 month low of $25.13 and a 12 month high of $43.62. The company has a market cap of $120.94 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 1.17 and a beta of 0.74.

Intesa Sanpaolo Dividend Announcement

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