Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

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

Intesa Sanpaolo Stock Performance

ISNPY stock opened at $40.13 on Tuesday. The company has a fifty day moving average price of $45.62 and a 200-day moving average price of $42.93. The company has a market capitalization of $118.27 billion, a P/E ratio of 10.54 and a beta of 0.81. 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, and one of the country’s major financial institutions. The group was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI, combining their banking, wealth management and corporate finance operations.

Intesa Sanpaolo provides retail and commercial banking services, including current accounts, lending, mortgages, payment services and savings products. Its other activities include corporate and investment banking, private banking, asset management, insurance and wealth management.