Intesa Sanpaolo SpA (OTCMKTS:ISNPY – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $38.43 and traded as high as $40.24. Intesa Sanpaolo shares last traded at $40.08, with a volume of 139,037 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages recently commented on ISNPY. Morgan Stanley restated an “overweight” rating on shares of Intesa Sanpaolo in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. Kepler Capital Markets upgraded shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Citigroup reiterated a “buy” rating on shares of Intesa Sanpaolo in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Intesa Sanpaolo has an average rating of “Moderate Buy”.
View Our Latest Research Report on Intesa Sanpaolo
Intesa Sanpaolo Trading Down 1.1%
Intesa Sanpaolo (OTCMKTS:ISNPY – Get Free Report) last released its quarterly earnings results on Friday, April 3rd. The financial services provider reported $0.70 earnings per share for the quarter. The business had revenue of $8.23 billion for the quarter. Intesa Sanpaolo had a net margin of 23.71% and a return on equity of 13.48%. On average, research analysts predict that Intesa Sanpaolo SpA will post 4.01 earnings per share for the current fiscal year.
About Intesa Sanpaolo
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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