Intesa Sanpaolo SpA (OTCMKTS:ISNPY – Get Free Report)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $43.20, but opened at $41.70. Intesa Sanpaolo shares last traded at $41.72, with a volume of 35,884 shares traded.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on ISNPY. Royal Bank Of Canada reissued an “outperform” rating on shares of Intesa Sanpaolo in a report on Thursday, July 30th. Zacks Research cut shares of Intesa Sanpaolo from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Citigroup began coverage on Intesa Sanpaolo in a report on Friday, November 6th. They issued a “strong-buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on ISNPY
Intesa Sanpaolo Stock Down 2.7%
The company has a market cap of $123.87 billion, a P/E ratio of 10.80 and a beta of 0.85. The firm has a fifty day moving average price of $43.44 and a 200 day moving average price of $41.91.
About Intesa Sanpaolo
Intesa Sanpaolo is an Italian banking group serving individuals, businesses and institutional clients. Its services include retail and commercial banking, lending, payments, investment banking, wealth management, asset management and insurance. The group was formed in 2007 through the merger of Banca Intesa and Sanpaolo IMI. It is headquartered in Italy and has an international presence, including operations in Central and Eastern Europe and other markets. Intesa Sanpaolo’s activities span everyday banking and financing as well as investment and advisory services, delivered through its banking network and specialist businesses.
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