Intesa Sanpaolo (OTCMKTS:ISNPY) Trading Down 0.4% - Should You Sell?

Key Points

• Intesa Sanpaolo shares fell 0.4% to $37.87 after trading at a low of $37.75, with a volume decline of 37% from its average session.
• Analysts show mixed views, with Morgan Stanley reiterating an "overweight" rating while Goldman Sachs downgraded to "hold"; overall, the stock maintains an average "Buy" rating.
• The company reported a market cap of $112.37 billion and a P/E ratio of 11.37, indicating competitive valuation metrics for potential investors.

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) shares fell 0.4% on Wednesday . The stock traded as low as $37.75 and last traded at $37.87. 113,851 shares traded hands during trading, a decline of 37% from the average session volume of 182,125 shares. The stock had previously closed at $38.03.

Wall Street Analysts Forecast Growth

ISNPY has been the subject of a number of recent analyst reports. Morgan Stanley restated an "overweight" rating on shares of Intesa Sanpaolo in a research report on Tuesday, September 2nd. The Goldman Sachs Group cut Intesa Sanpaolo from a "buy" rating to a "hold" rating in a research report on Wednesday, September 24th. Royal Bank Of Canada assumed coverage on Intesa Sanpaolo in a report on Wednesday, October 15th. They set a "moderate buy" rating on the stock. Finally, Zacks Research raised Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Buy".

Intesa Sanpaolo Price Performance

The business has a 50 day simple moving average of $38.51 and a 200 day simple moving average of $35.08. The stock has a market cap of $112.37 billion, a PE ratio of 11.37, a P/E/G ratio of 1.11 and a beta of 1.03.

Intesa Sanpaolo Company Profile

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.

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