Intesa Sanpaolo (OTCMKTS:ISNPY) Hits New 1-Year High at $16.50

Intesa Sanpaolo Spa (OTCMKTS:ISNPY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $16.50 and last traded at $16.36, with a volume of 47611 shares. The stock had previously closed at $16.18.

ISNPY has been the subject of several recent analyst reports. Citigroup raised shares of Intesa Sanpaolo from a “neutral” rating to a “buy” rating in a report on Wednesday, February 5th. Zacks Investment Research cut shares of Intesa Sanpaolo from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Finally, ValuEngine cut shares of Intesa Sanpaolo from a “sell” rating to a “strong sell” rating in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Intesa Sanpaolo presently has a consensus rating of “Hold” and a consensus price target of $17.00.

The firm has a market capitalization of $47.39 billion, a PE ratio of 9.54 and a beta of 1.10. The firm’s fifty day simple moving average is $15.61 and its 200-day simple moving average is $14.69.

About Intesa Sanpaolo (OTCMKTS:ISNPY)

Intesa Sanpaolo S.p.A. provides various banking products and services. It operates through Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance segments. The company offers lending 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 fund, and fiduciary services.

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