Intesa Sanpaolo SpA (ISNPY) Given Average Recommendation of “Hold” by Brokerages

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts have recently weighed in on the stock. Jefferies Group LLC downgraded shares of Intesa Sanpaolo SpA from a “buy” rating to a “hold” rating in a research report on Thursday, May 25th. Zacks Investment Research downgraded shares of Intesa Sanpaolo SpA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 30th. J P Morgan Chase & Co raised shares of Intesa Sanpaolo SpA from a “neutral” rating to an “overweight” rating in a research report on Tuesday, May 30th. Finally, ValuEngine raised shares of Intesa Sanpaolo SpA from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th.

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Intesa Sanpaolo SpA (ISNPY) traded down 1.28% during midday trading on Tuesday, reaching $20.44. 247,364 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $19.16 and a 200 day moving average price of $16.89. Intesa Sanpaolo SpA has a 12-month low of $12.10 and a 12-month high of $20.85. The company has a market cap of $57.18 billion, a price-to-earnings ratio of 15.77 and a beta of 1.19.

Intesa Sanpaolo SpA Company Profile

Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.

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