Intesa Sanpaolo (OTCMKTS:ISNPY) Cut to Hold at Kepler Capital Markets

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) was downgraded by stock analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a report released on Wednesday,Zacks.com reports.

Separately, BNP Paribas raised Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 26th.

Intesa Sanpaolo Trading Up 1.2 %

ISNPY traded up $0.39 during midday trading on Wednesday, hitting $33.00. The company's stock had a trading volume of 109,569 shares, compared to its average volume of 210,133. Intesa Sanpaolo has a 52-week low of $21.03 and a 52-week high of $33.24. The firm has a 50-day moving average price of $30.70 and a two-hundred day moving average price of $27.29. The firm has a market cap of $97.92 billion, a P/E ratio of 10.58, a PEG ratio of 0.85 and a beta of 1.09.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last released its earnings results on Monday, April 14th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by ($0.35). The company had revenue of $7.23 billion for the quarter. On average, equities analysts expect that Intesa Sanpaolo will post 2.91 EPS for the current year.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.