A number of other research analysts have also issued reports on the company. JPMorgan Chase & Co. reissued a neutral rating on shares of Intesa Sanpaolo in a report on Tuesday, September 4th. Deutsche Bank set a €3.20 ($3.72) target price on Intesa Sanpaolo and gave the company a buy rating in a report on Monday, July 23rd. Jefferies Financial Group set a €2.50 ($2.91) price objective on Intesa Sanpaolo and gave the stock a neutral rating in a report on Friday, August 24th. BNP Paribas set a €3.00 ($3.49) price objective on Intesa Sanpaolo and gave the stock a buy rating in a report on Monday, July 23rd. Finally, Societe Generale set a €3.00 ($3.49) price objective on Intesa Sanpaolo and gave the stock a buy rating in a report on Friday, August 3rd. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of €2.98 ($3.46).
BIT ISP traded up €0.06 ($0.07) on Wednesday, reaching €3.08 ($3.58). The stock had a trading volume of 234,460,000 shares, compared to its average volume of 107,040,000. Intesa Sanpaolo has a 12-month low of €2.39 ($2.78) and a 12-month high of €3.23 ($3.76).
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.
Further Reading: Diversification Important in Investing
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