Intesa Sanpaolo (BIT:ISP) received a €2.20 ($2.56) target price from analysts at Cfra in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. Cfra’s price target indicates a potential downside of 28.57% from the company’s current price.
A number of other equities analysts have also weighed in on ISP. Deutsche Bank set a €2.90 ($3.37) price objective on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a report on Wednesday. UBS Group set a €3.05 ($3.55) price objective on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a report on Thursday, August 2nd. JPMorgan Chase & Co. set a €2.90 ($3.37) price objective on shares of Intesa Sanpaolo and gave the stock a “neutral” rating in a report on Thursday, August 2nd. Royal Bank of Canada restated a “neutral” rating on shares of Intesa Sanpaolo in a report on Tuesday. Finally, Credit Suisse Group set a €3.00 ($3.49) price objective on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a report on Wednesday, July 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €2.81 ($3.27).
Shares of ISP stock traded up €0.06 ($0.07) during trading hours on Wednesday, hitting €3.08 ($3.58). 234,460,000 shares of the company’s stock traded hands, 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 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.
See Also: Dollar Cost Averaging
Receive News & Ratings for Intesa Sanpaolo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intesa Sanpaolo and related companies with MarketBeat.com's FREE daily email newsletter.