Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Receives Average “Buy” Recommendation From Brokerages

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Shares of Intesa Sanpaolo SpA (OTCMKTS: ISNPY – Get Rating) have earned an average recommendation of “Buy” from the eleven research firms that currently cover the company, Marketbeat reports. Four investment analysts rated the stock with a hold recommendation and six gave the company a buy recommendation. The average 1-year target price among brokerages that updated their coverage on the stock in the last year is $2.68.

Several research firms have recently weighed in on ISNPY. Keefe, Bruyette & Woods downgraded shares of Intesa Sanpaolo from an “outperforming” rating to a “market performing” rating in a Monday, May 30 research report. JPMorgan Chase & Co. lowered its price target on Intesa Sanpaolo shares from €3.20 ($3.44) to €2.70 ($2.90) and set an “overweight” rating for the company in a Monday, March 14 research report. Goldman Sachs Group assumed coverage of Intesa Sanpaolo shares in a Friday, May 27 research report. They issued a “buy” rating for the company. Societe Generale upgraded shares of Intesa Sanpaolo from a “hold” rating to a “buy” rating in a Tuesday, March 22 research report. Finally, DZ Bank upgraded Intesa Sanpaolo shares from a “buy” rating to a “hold” rating and set a price target of €2.15 ($2.31) for the company. in a research report on Tuesday, April 26.

ISNPY stock opened at $11.58 on Friday. The company has a 50-day moving average price of $12.64 and a 200-day moving average price of $14.71. Intesa Sanpaolo has a fifty-two week low of $11.42 and a fifty-two week high of $20.22.

About Intesa San Paolo (Get a rating)

Intesa Sanpaolo SpA provides various financial products and services mainly 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 loan and deposit products; corporate, investment banking and public finance services; industrial credit, factoring and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension funds, and trust services.

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Analyst Recommendations for Intesa Sanpaolo (OTCMKTS: ISNPY)



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