Intesa Sanpaolo (BIT:ISP) received a €3.00 ($3.49) price objective from Credit Suisse Group in a research note issued on Wednesday, July 25th. The firm currently has a “buy” rating on the stock. Credit Suisse Group’s price target would indicate a potential downside of 2.60% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. UBS Group set a €3.40 ($3.95) price target on Intesa Sanpaolo and gave the stock a “buy” rating in a research report on Tuesday, May 22nd. Oddo Bhf set a €3.25 ($3.78) target price on Intesa Sanpaolo and gave the company a “buy” rating in a research report on Monday, June 18th. Kepler Capital Markets set a €3.60 ($4.19) price target on Intesa Sanpaolo and gave the company a “buy” rating in a research report on Thursday, May 31st. HSBC set a €3.30 ($3.84) price target on Intesa Sanpaolo and gave the company a “buy” rating in a research report on Thursday, May 31st. Finally, Deutsche Bank set a €3.20 ($3.72) price target on Intesa Sanpaolo and gave the company a “buy” rating in a research report on Monday, July 23rd. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €3.04 ($3.54).
Shares of BIT:ISP traded up €0.06 ($0.07) during trading on Wednesday, reaching €3.08 ($3.58). 234,460,000 shares of the stock were exchanged, 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.
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