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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Intesa Sanpaolo in a research report on Thursday, July 30th.

Intesa Sanpaolo Stock Up 0.6%

Shares of Intesa Sanpaolo stock opened at $46.20 on Friday. The company has a 50 day moving average price of $46.39 and a 200 day moving average price of $42.08. The firm has a market capitalization of $136.16 billion, a P/E ratio of 12.42 and a beta of 0.79. Intesa Sanpaolo has a 52 week low of $34.06 and a 52 week high of $48.42.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. is an Italian banking group headquartered in Turin, Italy. The company was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI and is one of Italy’s major providers of financial services.

Intesa Sanpaolo serves individuals, businesses, institutions and public-sector organizations through retail and commercial banking, corporate and investment banking, private banking, wealth management, asset management and insurance. Its products and services include deposit accounts, lending, payment services, investment products, financial advisory and insurance solutions.

The group has an extensive presence in Italy and operates internationally, particularly across Central and Eastern Europe.