HSBC set a €2.76 ($2.94) target price on Intesa Sanpaolo SpA (BIT:ISP) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.
A number of other analysts have also commented on the company. Citigroup Inc. set a €2.35 ($2.50) price target on Intesa Sanpaolo SpA and gave the stock a buy rating in a research note on Monday, November 7th. J P Morgan Chase & Co reaffirmed a neutral rating on shares of Intesa Sanpaolo SpA in a research note on Tuesday, November 22nd. Jefferies Group set a €2.60 ($2.77) price target on Intesa Sanpaolo SpA and gave the stock a buy rating in a research note on Friday, September 23rd. Goldman Sachs Group, Inc. (The) set a €2.20 ($2.34) price target on Intesa Sanpaolo SpA and gave the stock a neutral rating in a research note on Thursday, November 24th. Finally, S&P Global Inc. set a €2.40 ($2.55) price target on Intesa Sanpaolo SpA and gave the stock a buy rating in a research note on Friday, November 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of €2.59 ($2.76).
Shares of Intesa Sanpaolo SpA (BIT:ISP) opened at 2.414 on Friday. The company has a market cap of €39.81 billion and a price-to-earnings ratio of 17.000. Intesa Sanpaolo SpA has a 1-year low of €1.52 and a 1-year high of €2.79. The stock has a 50 day moving average of €2.39 and a 200 day moving average of €2.10.
Intesa Sanpaolo SpA Company Profile
Intesa Sanpaolo S.p.A. is a banking company. The Company conducts its operations through various segments, such as Banca dei Territori, which includes its traditional lending and deposit collecting activities in Italy and related financial services; Corporate and Investment Banking, which deals with corporate banking, investment banking and public finance in Italy and abroad; International Subsidiary Banks, which includes its commercial operations on international markets through subsidiary and associated banks primarily involved in retail banking operations; Private Banking, which provides private and high net worth individuals with specific products and services; Asset Management, which offers asset management solutions; Insurance, which includes the operations of Intesa Sanpaolo Vita S.p.A.