Intesa Sanpaolo (OTCMKTS:ISNPY) Hits New 12-Month High – Still a Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPYGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.66 and last traded at $47.65, with a volume of 4752 shares trading hands. The stock had previously closed at $47.29.

Analyst Upgrades and Downgrades

ISNPY has been the subject of several research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Intesa Sanpaolo in a research note on Thursday, April 16th. Royal Bank Of Canada restated an “outperform” rating on shares of Intesa Sanpaolo in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on ISNPY

Intesa Sanpaolo Price Performance

The firm has a market cap of $140.03 billion, a price-to-earnings ratio of 12.77 and a beta of 0.79. The business has a 50-day moving average of $42.85 and a 200-day moving average of $40.75.

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.

Featured Stories

Receive News & Ratings for Intesa Sanpaolo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intesa Sanpaolo and related companies with MarketBeat.com's FREE daily email newsletter.