Intesa Sanpaolo (BIT:ISP) received a €3.00 ($3.53) price target from stock analysts at HSBC in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. HSBC’s target price points to a potential downside of 2.60% from the stock’s current price.
Several other equities research analysts have also recently commented on ISP. Deutsche Bank set a €3.20 ($3.76) price target on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a research report on Thursday. Cfra set a €2.70 ($3.18) price target on shares of Intesa Sanpaolo and gave the stock a “neutral” rating in a research report on Thursday. Credit Suisse Group set a €3.00 ($3.53) price target on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a research report on Wednesday, July 25th. JPMorgan Chase & Co. set a €2.90 ($3.41) price target on shares of Intesa Sanpaolo and gave the stock a “neutral” rating in a research report on Thursday. Finally, Royal Bank of Canada reiterated a “neutral” rating on shares of Intesa Sanpaolo in a research report on Wednesday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €3.07 ($3.61).
Get Intesa Sanpaolo alerts:Shares of BIT:ISP traded up €0.06 ($0.07) during trading on Thursday, hitting €3.08 ($3.62). 234,460,000 shares of the company’s stock were exchanged, compared to its average volume of 107,040,000. Intesa Sanpaolo has a 1-year low of €2.39 ($2.81) and a 1-year high of €3.23 ($3.80).
Intesa Sanpaolo Company Profile
Intesa Sanpaolo S.p.A. provides various banking products and services. It operates through Banca dei Territori, Banking, Internat Subsidiary Banks, Private Banking, and Asset Management business units. 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.
Recommended Story: How Short Selling Works
No comments:
Post a Comment