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Sampo (OTCMKTS:SAXPY) Upgraded by Berenberg Bank to "Strong-Buy" Rating

Sampo logo with Finance background

Sampo (OTCMKTS:SAXPY - Get Free Report) was upgraded by investment analysts at Berenberg Bank to a "strong-buy" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Sampo Stock Performance

Shares of SAXPY stock traded up $0.19 during trading hours on Wednesday, reaching $21.55. The company had a trading volume of 20,995 shares, compared to its average volume of 41,939. The firm has a market cap of $115.99 billion, a PE ratio of 23.68 and a beta of 0.58. The business has a fifty day moving average price of $20.96 and a 200-day moving average price of $20.21. Sampo has a one year low of $15.70 and a one year high of $22.39. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32.

Sampo (OTCMKTS:SAXPY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.05. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.16 billion.

About Sampo

(Get Free Report)

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.

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