Intesa Sanpaolo (ISNPY) Expected to Release Earnings on Thursday

Intesa Sanpaolo (OTCMKTS:ISNPY) will likely be announcing its resultson Thursday, September 3rd. Analysts expect Intesa Sanpaolo to post earnings of $0.9580 per share and revenue of $7.9560 billion for the quarter.

Intesa Sanpaolo Price Performance

Shares of ISNPY stock opened at $46.14 on Wednesday. The company has a market cap of $135.98 billion, a price-to-earnings ratio of 12.40 and a beta of 0.79. The stock has a 50 day simple moving average of $44.90 and a 200-day simple moving average of $41.29. Intesa Sanpaolo has a 1-year low of $34.06 and a 1-year high of $48.42.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

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.