Intesa Sanpaolo (BIT:ISP) has been assigned a €3.35 ($4.14) price target by equities researchers at UBS in a research note issued on Thursday, March 8th, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS’s target price points to a potential upside of 8.77% from the stock’s current price.
ISP has been the topic of several other research reports. Deutsche Bank set a €3.80 ($4.69) price target on Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Intesa Sanpaolo in a research note on Wednesday, March 7th. Credit Suisse Group set a €3.20 ($3.95) price target on Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Thursday, December 14th. Barclays set a €3.50 ($4.32) price target on Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Thursday, January 25th. Finally, Morgan Stanley set a €3.50 ($4.32) price target on Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Thursday, November 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company. Intesa Sanpaolo currently has a consensus rating of “Buy” and an average price target of €3.36 ($4.15).
Intesa Sanpaolo (BIT:ISP) opened at €3.08 ($3.80) on Thursday. Intesa Sanpaolo has a 52 week low of €2.39 ($2.95) and a 52 week high of €3.23 ($3.99). The stock has a market capitalization of $51,820.00 and a PE ratio of 8.80.
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About Intesa Sanpaolo
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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