UBS AG set a €3.05 ($3.59) price target on Intesa Sanpaolo SpA (BIT:ISP) in a report published on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also commented on the company. Berenberg Bank set a €1.80 ($2.12) price objective on Intesa Sanpaolo SpA and gave the stock a sell rating in a research report on Thursday, July 6th. Morgan Stanley set a €3.40 ($4.00) price objective on Intesa Sanpaolo SpA and gave the stock a buy rating in a research report on Thursday, July 20th. Barclays PLC set a €3.25 ($3.82) price objective on Intesa Sanpaolo SpA and gave the stock a buy rating in a research report on Thursday, June 29th. Deutsche Bank AG set a €3.30 ($3.88) price objective on Intesa Sanpaolo SpA and gave the stock a buy rating in a research report on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) set a €3.20 ($3.76) price objective on Intesa Sanpaolo SpA and gave the stock a neutral rating in a research report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Intesa Sanpaolo SpA presently has an average rating of Buy and an average target price of €3.01 ($3.55).
Shares of Intesa Sanpaolo SpA (BIT ISP) opened at 2.916 on Thursday. Intesa Sanpaolo SpA has a one year low of €1.94 and a one year high of €3.01. The firm has a 50-day moving average of €2.91 and a 200-day moving average of €2.79. The firm has a market capitalization of €45.26 billion and a P/E ratio of 7.364.
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About Intesa Sanpaolo SpA
Intesa Sanpaolo S.p.A. is a banking company. The Company’s segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company’s traditional lending and deposit collecting activities.
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