Kepler Capital Markets Downgrades Intesa Sanpaolo (OTCMKTS:ISNPY) to Hold

Kepler Capital Markets lowered shares of Intesa Sanpaolo (OTCMKTS:ISNPY) from a strong-buy rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Separately, BNP Paribas raised shares of Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 26th.

Intesa Sanpaolo Trading Up 1.2 %

OTCMKTS ISNPY opened at $33.00 on Wednesday. Intesa Sanpaolo has a 1-year low of $21.03 and a 1-year high of $33.24. The stock’s 50 day moving average is $30.70 and its two-hundred day moving average is $27.29. The company has a market capitalization of $97.92 billion, a price-to-earnings ratio of 10.58, a PEG ratio of 0.85 and a beta of 1.09.

Intesa Sanpaolo (OTCMKTS:ISNPY) last announced its quarterly earnings results on Monday, April 14th. The financial services provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.35). The business had revenue of $7.23 billion during the quarter. On average, analysts predict that Intesa Sanpaolo will post 2.91 earnings per share for the current year.

Intesa Sanpaolo Company Profile

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; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.