Intesa Sanpaolo (OTCMKTS:ISNPY – Get Rating) was downgraded by Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a report issued on Monday, The Fly reports.
Other research analysts also recently issued research reports about the company. UBS Group increased their price objective on Intesa Sanpaolo from €3.10 ($3.30) to €3.15 ($3.35) in a report on Monday, February 7th. Credit Suisse Group dropped their price objective on Intesa Sanpaolo from €2.30 ($2.45) to €2.00 ($2.13) and set a “neutral” rating on the stock in a report on Monday, May 9th. Morgan Stanley dropped their price objective on Intesa Sanpaolo from €3.70 ($3.94) to €3.20 ($3.40) and set an “overweight” rating on the stock in a report on Monday, April 25th. Deutsche Bank Aktiengesellschaft dropped their price target on Intesa Sanpaolo from €3.10 ($3.30) to €2.90 ($3.09) and set a “buy” rating on the stock in a research note on Tuesday, May 10th. Finally, Societe Generale upgraded Intesa Sanpaolo from a “hold” rating to a “buy” rating in a research note on Tuesday, March 22nd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Intesa Sanpaolo presently has an average rating of “Buy” and an average target price of $4.73.
ISNPY stock opened at $13.24 on Monday. Intesa Sanpaolo has a 1 year low of $11.56 and a 1 year high of $20.22. The business’s 50-day moving average is $12.84 and its two-hundred day moving average is $14.95.
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When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.
Intesa Sanpaolo Company Profile (Get Rating)
Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; corporate, investment banking, and public finance services; industrial credit, factoring, and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension fund, and fiduciary services.
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