Intesa Sanpaolo SpA (ISP) Receives €2.61 Average PT from Brokerages

Intesa Sanpaolo SpA (BIT:ISP) has earned an average recommendation of “Buy” from the eighteen research firms that are presently covering the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is €2.64 ($2.81).

ISP has been the topic of several analyst reports. Citigroup Inc set a €2.70 ($2.87) price target on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a research note on Monday, February 6th. Deutsche Bank AG set a €2.80 ($2.98) price target on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a research note on Wednesday, January 11th. Berenberg Bank set a €1.60 ($1.70) price target on shares of Intesa Sanpaolo SpA and gave the stock a “sell” rating in a research note on Thursday, January 26th. Goldman Sachs Group Inc set a €2.90 ($3.09) price objective on shares of Intesa Sanpaolo SpA and gave the stock a “neutral” rating in a report on Monday, January 16th. Finally, HSBC Holdings plc set a €2.76 ($2.94) price objective on shares of Intesa Sanpaolo SpA and gave the stock a “buy” rating in a report on Friday, January 13th.

Intesa Sanpaolo SpA (BIT:ISP) traded up 0.964% on Tuesday, hitting €2.514. The stock had a trading volume of 162,662,447 shares. Intesa Sanpaolo SpA has a 12 month low of €1.52 and a 12 month high of €2.59. The firm’s 50 day moving average price is €2.46 and its 200-day moving average price is €2.28. The stock has a market cap of €42.19 billion and a PE ratio of 13.589.

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About Intesa Sanpaolo SpA

Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.

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