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

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have earned an average rating of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

A number of analysts have commented on ISNPY shares. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a report on Monday, November 24th. Zacks Research lowered Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Citigroup reaffirmed a “buy” rating on shares of Intesa Sanpaolo in a research note on Monday, January 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, Royal Bank Of Canada began coverage on shares of Intesa Sanpaolo in a research report on Wednesday, October 15th. They set a “moderate buy” rating for the company.

Intesa Sanpaolo Trading Up 2.8%

OTCMKTS:ISNPY opened at $43.06 on Friday. The stock has a 50 day moving average of $40.82 and a two-hundred day moving average of $39.00. Intesa Sanpaolo has a 12 month low of $25.13 and a 12 month high of $43.15. The firm has a market cap of $124.97 billion, a P/E ratio of 12.82, a price-to-earnings-growth ratio of 1.06 and a beta of 0.75.

Intesa Sanpaolo Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 8th. Shareholders of record on Tuesday, December 2nd were given a dividend of $0.9325 per share. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 445.0%. Intesa Sanpaolo’s dividend payout ratio (DPR) 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.