Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Average Recommendation of “Moderate Buy” from Brokerages

by · The Markets Daily

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat 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.

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

Check Out Our Latest Analysis on Intesa Sanpaolo

Intesa Sanpaolo Stock Performance

OTCMKTS:ISNPY opened at $39.22 on Thursday. The company has a market capitalization of $113.83 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. Intesa Sanpaolo has a one year low of $23.19 and a one year high of $41.89. The stock has a 50-day simple moving average of $39.03 and a 200 day simple moving average of $36.95.

Intesa Sanpaolo Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, December 8th. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.9325 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a dividend yield of 445.0%. Intesa Sanpaolo’s dividend payout ratio is 55.65%.

About Intesa Sanpaolo

(Get Free Report)

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.

Featured Stories