Intesa Sanpaolo (BIT:ISP) has been assigned a €3.50 ($4.17) target price by analysts at Morgan Stanley in a report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 21.53% from the stock’s previous close.
A number of other research firms also recently issued reports on ISP. UBS reissued a “buy” rating on shares of Intesa Sanpaolo in a report on Monday. J P Morgan Chase & Co set a €3.10 ($3.69) price objective on shares of Intesa Sanpaolo and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Kepler Capital Markets set a €3.40 ($4.05) target price on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Goldman Sachs Group set a €3.20 ($3.81) target price on shares of Intesa Sanpaolo and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Finally, Deutsche Bank set a €3.30 ($3.93) target price on shares of Intesa Sanpaolo and gave the stock a “buy” rating in a research note on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. Intesa Sanpaolo presently has an average rating of “Hold” and a consensus target price of €3.06 ($3.64).
Intesa Sanpaolo (BIT:ISP) opened at €2.88 ($3.43) on Wednesday. Intesa Sanpaolo has a 1-year low of €2.06 ($2.45) and a 1-year high of €3.01 ($3.58).
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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