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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has received an average recommendation of “Moderate Buy” from the eight analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of analysts have commented on ISNPY shares. Kepler Capital Markets raised Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th.

Intesa Sanpaolo Stock Performance

Shares of ISNPY opened at $42.37 on Monday. The stock has a 50-day moving average of $40.38 and a two-hundred day moving average of $40.06. Intesa Sanpaolo has a one year low of $32.84 and a one year high of $43.62. The stock has a market cap of $123.43 billion, a P/E ratio of 11.39 and a beta of 0.79.

Intesa Sanpaolo (OTCMKTS:ISNPY) last issued its quarterly earnings results on Friday, April 3rd. The financial services provider reported $0.70 EPS for the quarter. Intesa Sanpaolo had a return on equity of 14.10% and a net margin of 25.19%.The company had revenue of $8.23 billion during the quarter. Analysts predict that Intesa Sanpaolo will post 4.25 EPS for the current fiscal year.

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.