Keefe, Bruyette & Woods downgrade Intesa Sanpaolo (OTCMKTS: ISNPY) to perform well in the market

Intesa Sanpaolo (OTCMKTS:ISNPY – Get a rating) was downgraded by Keefe, Bruyette & Woods from an “outperforming” rating to a “market performance” rating in a report released on Monday, Fly reports.

Other research analysts have also recently published research reports on the company. UBS Group raised its price target on Intesa Sanpaolo from €3.10 ($3.30) to €3.15 ($3.35) in a Monday, February 7 report. Credit Suisse Group lowered its price target on Intesa Sanpaolo from €2.30 ($2.45) to €2.00 ($2.13) and set a “neutral” rating on the stock in a report Monday, May 9. Morgan Stanley lowered its price target on Intesa Sanpaolo from €3.70 ($3.94) to €3.20 ($3.40) and set an ‘overweight’ rating on the stock in a Monday report April 25. Deutsche Bank Aktiengesellschaft lowered its price target on Intesa Sanpaolo from €3.10 ($3.30) to €2.90 ($3.09) and placed a “buy” rating on the stock in a note research on Tuesday, May 10. Finally, Societe Generale upgraded Intesa Sanpaolo from a “hold” rating to a “buy” rating in a Tuesday, March 22 research note. Six equity research analysts gave the stock a hold rating and seven gave the stock a buy rating. Based on data from MarketBeat.com, Intesa Sanpaolo currently has an average rating of “Buy” and an average target price of $4.73.

ISNPY stock opened at $13.24 on Monday. Intesa Sanpaolo has a 1-year minimum of $11.56 and a 1-year maximum of $20.22. The company’s 50-day moving average is $12.84 and its two-hundred-day moving average is $14.95.

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Company Profile Intesa Sanpaolo (Get a rating)

Intesa Sanpaolo SpA provides various financial products and services mainly in Italy. It operates through six segments Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Company offers loan and deposit products; corporate, investment and public finance banking; industrial credit, factoring and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension funds, and trust services.

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Analyst Recommendations for Intesa Sanpaolo (OTCMKTS: ISNPY)

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