Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Moderate Buy consensus from eight brokerages—three analysts rate Intesa Sanpaolo as hold, four as buy and one as strong buy, with Kepler upgrading to strong-buy and Citigroup and Deutsche Bank reaffirming buys.
• The bank reported $0.70 EPS for the quarter on $8.23 billion revenue, with a 13.57% return on equity and a 22.67% net margin; analysts expect about 2.91 EPS for the current year.
• Shares trade near $38 (opened $37.98) with a 52-week range of $25.17–$43.62, a market cap of $110.23 billion and a P/E of 11.30, signaling relatively low valuation versus earnings.

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight ratings firms that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have commented on the company. Citigroup restated a "buy" rating on shares of Intesa Sanpaolo in a research note on Wednesday, February 4th. Kepler Capital Markets raised Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS ISNPY opened at $37.98 on Wednesday. The business's 50-day moving average price is $38.87 and its two-hundred day moving average price is $39.57. Intesa Sanpaolo has a one year low of $25.17 and a one year high of $43.62. The company has a market capitalization of $110.23 billion, a P/E ratio of 11.30, a price-to-earnings-growth ratio of 1.03 and a beta of 0.77.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last issued its earnings results on Friday, April 3rd. The financial services provider reported $0.70 EPS for the quarter. Intesa Sanpaolo had a return on equity of 13.57% and a net margin of 22.67%.The firm had revenue of $8.23 billion for the quarter. On average, equities analysts anticipate that Intesa Sanpaolo will post 2.91 EPS for the current year.

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.

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