Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Expected to Earn FY2021 Earnings of $1.70 Per Share

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) – Jefferies Financial Group upped their FY2021 earnings estimates for Intesa Sanpaolo in a report released on Thursday, September 16th. Jefferies Financial Group analyst B. Creelan-Sandf now anticipates that the financial services provider will post earnings per share of $1.70 for the year, up from their prior estimate of $1.61. Jefferies Financial Group currently has a “Hold” rating on the stock.

A number of other equities research analysts have also commented on ISNPY. Credit Suisse Group lowered Intesa Sanpaolo from an “outperform” rating to a “neutral” rating in a research report on Thursday, June 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Intesa Sanpaolo in a research report on Thursday, August 5th. UBS Group restated a “buy” rating on shares of Intesa Sanpaolo in a research report on Monday, July 26th. Morgan Stanley restated an “equal weight” rating on shares of Intesa Sanpaolo in a research report on Friday, August 6th. Finally, Zacks Investment Research upgraded Intesa Sanpaolo from a “sell” rating to a “hold” rating in a research report on Tuesday. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $19.00.

Shares of ISNPY stock opened at $16.49 on Monday. The stock’s fifty day simple moving average is $16.69 and its 200 day simple moving average is $16.80. Intesa Sanpaolo has a twelve month low of $9.70 and a twelve month high of $18.23. The firm has a market capitalization of $53.40 billion, a P/E ratio of 20.61 and a beta of 1.34.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo SpA engages in the provision of financial products and banking services. It operates through the following segments: Banca dei Territori, IMI Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, Insurance, and Corporate Centre. The Banca dei Territori segment oversees the traditional lending and deposit collection activities in Italy.

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Earnings History and Estimates for Intesa Sanpaolo (OTCMKTS:ISNPY)

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