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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Three investment 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.

Several analysts have issued reports on ISNPY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Intesa Sanpaolo in a research note on Thursday. Morgan Stanley reiterated an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th. Finally, Kepler Capital Markets upgraded Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 1st.

Intesa Sanpaolo Stock Performance

OTCMKTS:ISNPY traded up $1.00 on Thursday, hitting $45.04. The stock had a trading volume of 220,467 shares, compared to its average volume of 380,210. The firm’s fifty day simple moving average is $41.64 and its two-hundred day simple moving average is $40.42. The stock has a market cap of $132.74 billion, a P/E ratio of 12.11 and a beta of 0.79. Intesa Sanpaolo has a 1 year low of $34.06 and a 1 year high of $45.18.

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.