Intesa Sanpaolo (OTCMKTS:ISNPY)‘s stock had its “hold” rating reaffirmed by Berenberg Bank in a research note issued to investors on Friday, The Fly reports.
A number of other equities research analysts also recently weighed in on ISNPY. Credit Suisse Group downgraded Intesa Sanpaolo from an “outperform” rating to a “neutral” rating in a report on Thursday, June 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Intesa Sanpaolo in a report on Thursday, August 5th. Zacks Investment Research raised Intesa Sanpaolo from a “sell” rating to a “hold” rating in a report on Tuesday. Morgan Stanley reissued an “equal weight” rating on shares of Intesa Sanpaolo in a report on Friday, August 6th. Finally, UBS Group reissued a “buy” rating on shares of Intesa Sanpaolo in a report on Monday, July 26th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Intesa Sanpaolo has an average rating of “Buy” and an average price target of $19.00.
OTCMKTS:ISNPY traded up $0.43 during trading hours on Friday, reaching $17.10. 104,051 shares of the company were exchanged, compared to its average volume of 166,213. The business has a 50 day moving average of $16.72 and a 200 day moving average of $16.80. The company has a market capitalization of $55.36 billion, a P/E ratio of 21.37 and a beta of 1.34. Intesa Sanpaolo has a 1-year low of $9.70 and a 1-year high of $18.23.
Intesa Sanpaolo SpA engages in the provision of financial products and banking services. It operates through the following segments: Banca dei Territori, IMI Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, Insurance, and Corporate Centre. The Banca dei Territori segment oversees the traditional lending and deposit collection activities in Italy.
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