Sampo PLC (OTCMKTS:SAXPY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Sampo PLC (OTCMKTS:SAXPY) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has issued a buy recommendation and two have given a strong buy recommendation to the company.

Several analysts recently commented on the company. Citigroup reiterated a “neutral” rating on shares of Sampo in a report on Friday, April 24th. Zacks Research upgraded Sampo to a “strong sell” rating in a report on Monday, May 4th. Kepler Capital Markets upgraded Sampo to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Barclays upgraded Sampo from an “equal weight” rating to an “overweight” rating in a report on Wednesday, May 27th.

Sampo Stock Performance

Sampo stock opened at $20.94 on Tuesday. The business has a 50 day moving average of $20.95 and a 200-day moving average of $21.83. Sampo has a 1 year low of $19.93 and a 1 year high of $24.43. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.30 and a quick ratio of 0.30. The company has a market capitalization of $111.22 billion, a P/E ratio of 14.54 and a beta of 0.39.

Sampo (OTCMKTS:SAXPY) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.23 by $0.07. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.48 billion. On average, equities research analysts predict that Sampo will post 1.3 earnings per share for the current year.

Sampo Company Profile

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.