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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the stock. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

ISNPY has been the topic of a number of research reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Intesa Sanpaolo SpA in a research report on Friday, July 8th. Credit Suisse Group AG initiated coverage on shares of Intesa Sanpaolo SpA in a research report on Wednesday, July 20th. They set an “outperform” rating on the stock. Finally, Jefferies Group initiated coverage on shares of Intesa Sanpaolo SpA in a research report on Friday. They set a “buy” rating on the stock.

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY) traded down 0.98% on Tuesday, reaching $13.20. 315,723 shares of the company were exchanged. Intesa Sanpaolo SpA has a 52 week low of $10.07 and a 52 week high of $22.37. The firm’s 50 day moving average price is $13.66 and its 200 day moving average price is $14.48. The stock has a market capitalization of $38.34 billion, a price-to-earnings ratio of 13.58 and a beta of 1.39.

About Intesa Sanpaolo SpA

Intesa Sanpaolo S.p.A. is a banking company. The Company conducts its operations through various segments, such as Banca dei Territori, which includes its traditional lending and deposit collecting activities in Italy and related financial services; Corporate and Investment Banking, which deals with corporate banking, investment banking and public finance in Italy and abroad; International Subsidiary Banks, which includes its commercial operations on international markets through subsidiary and associated banks primarily involved in retail banking operations; Private Banking, which provides private and high net worth individuals with specific products and services; Asset Management, which offers asset management solutions; Insurance, which includes the operations of Intesa Sanpaolo Vita S.p.A.

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