Intesa Sanpaolo (OTCMKTS:ISNPY) Hits New 1-Year High – Still a Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $48.13 and last traded at $47.68, with a volume of 146618 shares. The stock had previously closed at $48.0450.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Intesa Sanpaolo currently has an average rating of “Moderate Buy”.

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Intesa Sanpaolo Stock Performance

The stock has a fifty day simple moving average of $43.87 and a two-hundred day simple moving average of $41.00. The stock has a market cap of $140.41 billion, a PE ratio of 12.81 and a beta of 0.79.

Intesa Sanpaolo Company Profile

(Get Free Report)

Intesa Sanpaolo is an Italian banking group formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. The group is one of Italy’s largest financial institutions, serving a wide range of clients from individual retail customers to large corporations and institutional investors. Its long heritage traces to several regional banks and savings institutions that became part of the consolidated group, giving it a prominent role in the Italian financial system.

The company operates across multiple business lines, including retail banking (current accounts, deposits, mortgages and consumer loans), corporate and investment banking (cash management, lending, capital markets and advisory), private banking and wealth management, asset management and insurance.

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