Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Given Average Rating of “Moderate Buy” by Analysts

by · The Cerbat Gem

Intesa Sanpaolo SpA (OTCMKTS:ISNPYGet Free Report) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently commented on ISNPY. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research note on Monday, November 24th. Zacks Research downgraded shares of Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Royal Bank Of Canada began coverage on shares of Intesa Sanpaolo in a research report on Wednesday, October 15th. They issued a “moderate buy” rating on the stock. The Goldman Sachs Group downgraded Intesa Sanpaolo from a “buy” rating to a “hold” rating in a research report on Wednesday, September 24th. Finally, Keefe, Bruyette & Woods lowered Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 14th.

Check Out Our Latest Stock Analysis on Intesa Sanpaolo

Intesa Sanpaolo Stock Performance

Intesa Sanpaolo stock opened at $42.09 on Monday. Intesa Sanpaolo has a fifty-two week low of $23.68 and a fifty-two week high of $42.16. The firm has a market capitalization of $122.15 billion, a price-to-earnings ratio of 12.53, a price-to-earnings-growth ratio of 1.02 and a beta of 0.75. The stock’s fifty day moving average is $40.09 and its two-hundred day moving average is $38.06.

Intesa Sanpaolo Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, December 8th. Stockholders of record on Tuesday, December 2nd were given a $0.9325 dividend. This represents a dividend yield of 445.0%. The ex-dividend date was Monday, December 1st. Intesa Sanpaolo’s dividend payout ratio is currently 55.65%.

About Intesa Sanpaolo

(Get Free Report)

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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