Intesa Sanpaolo (OTCMKTS:ISNPY) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Intesa Sanpaolo (OTCMKTS:ISNPY) in a research note published on Friday morning, The Fly reports.

A number of other research analysts have also issued reports on the company. Jefferies Financial Group lowered Intesa Sanpaolo from a buy rating to a hold rating in a research report on Monday, June 7th. Morgan Stanley reiterated an equal weight rating on shares of Intesa Sanpaolo in a research report on Friday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a buy rating on shares of Intesa Sanpaolo in a research report on Thursday, August 5th. Credit Suisse Group lowered Intesa Sanpaolo from an outperform rating to a neutral rating in a research report on Thursday, June 10th. Finally, UBS Group reiterated a buy rating on shares of Intesa Sanpaolo in a research report on Monday, July 26th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of Buy and an average price target of $19.00.

Shares of OTCMKTS:ISNPY opened at $17.11 on Friday. Intesa Sanpaolo has a 1 year low of $9.70 and a 1 year high of $18.23. The firm has a market capitalization of $55.41 billion, a price-to-earnings ratio of 21.39 and a beta of 1.34. The business’s 50 day moving average price is $16.75 and its 200-day moving average price is $16.81.

About Intesa Sanpaolo

Intesa Sanpaolo SpA engages in the provision of financial products and banking services. It operates through the following segments: Banca dei Territori, IMI Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, Insurance, and Corporate Centre. The Banca dei Territori segment oversees the traditional lending and deposit collection activities in Italy.

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