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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have issued reports on ISNPY. Royal Bank Of Canada initiated coverage on shares of Intesa Sanpaolo in a research report on Wednesday, October 15th. They set a “moderate buy” rating for the company. Keefe, Bruyette & Woods lowered shares of Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 14th. Citigroup reissued a “buy” rating on shares of Intesa Sanpaolo in a research note on Monday, January 5th. Zacks Research lowered Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a report on Monday, November 24th.

Intesa Sanpaolo Trading Up 1.0%

Shares of OTCMKTS ISNPY opened at $41.20 on Friday. The business has a 50-day moving average of $40.67 and a 200-day moving average of $38.80. The firm has a market capitalization of $119.57 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 1.03 and a beta of 0.75. Intesa Sanpaolo has a 12 month low of $25.13 and a 12 month high of $42.82.

Intesa Sanpaolo Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 8th. Shareholders of record on Tuesday, December 2nd were paid a $0.9325 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 445.0%. Intesa Sanpaolo’s dividend payout ratio is currently 55.65%.

Intesa Sanpaolo Company Profile

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.