Intesa Sanpaolo SpA (OTC:ISNPY) was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, reports.

Separately, J P Morgan Chase & Co upgraded shares of Intesa Sanpaolo SpA from a “neutral” rating to an “overweight” rating in a report on Tuesday, May 30th.

Shares of Intesa Sanpaolo SpA (ISNPY) traded up 1.554% on Wednesday, reaching $20.585. 33,380 shares of the company were exchanged. The stock has a market capitalization of $57.58 billion, a P/E ratio of 15.666 and a beta of 1.19. The stock has a 50 day moving average price of $20.00 and a 200-day moving average price of $17.25. Intesa Sanpaolo SpA has a 12 month low of $12.28 and a 12 month high of $20.85.

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Intesa Sanpaolo SpA Company Profile

Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.

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