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

Key Points

• Intesa Sanpaolo SpA has received an average recommendation of “Buy” from six research firms, with varying ratings including two strong buy and two hold recommendations.
• Recent analyst actions include Morgan Stanley maintaining an “overweight” rating while Goldman Sachs downgraded the stock to “hold” from “buy”.
• The company's shares traded down 2.1% to $37.45, with a market capitalization of approximately $111.12 billion and a P/E ratio of 11.25.

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) have earned a consensus recommendation of "Buy" from the six research firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

ISNPY has been the topic of several recent analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Intesa Sanpaolo in a research note on Tuesday, September 2nd. The Goldman Sachs Group downgraded Intesa Sanpaolo from a "buy" rating to a "hold" rating in a report on Wednesday, September 24th. Zacks Research upgraded Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 7th. Finally, Royal Bank Of Canada assumed coverage on Intesa Sanpaolo in a research note on Wednesday. They issued an "outperform" rating on the stock.

Intesa Sanpaolo Trading Down 2.1%

OTCMKTS ISNPY traded down $0.82 during trading hours on Wednesday, reaching $37.45. The company had a trading volume of 73,885 shares, compared to its average volume of 208,530. The stock has a 50-day moving average of $38.43 and a 200 day moving average of $34.78. Intesa Sanpaolo has a 1-year low of $22.32 and a 1-year high of $40.32. The stock has a market capitalization of $111.12 billion, a P/E ratio of 11.25, a price-to-earnings-growth ratio of 1.08 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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