JPMorgan Chase & Co. raises its price target on Erste Group Bank (OTCMKTS:EBKDY) to €37.00.

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In a letter sent to investors on Friday, analysts at Berenberg Bank Equity Research raised their price target for Intesa Sanpaolo (OTCMKTS: ISNPY) from €2.15 ($2.15) to 2.40. € ($2.40). The Fly reported the increase.

Several other equity research analysts also commented on the company. Deutsche Bank Aktiengesellschaft lowered its price target on Intesa Sanpaolo in a research report released on Thursday, August 4. The new price target for Intesa Sanpaolo is €2.60 ($2.60), up from €2.90 ($2.90). JPMorgan Chase & Co. raised its price target on Intesa Sanpaolo from €2.40 ($2.40) to €2.60 ($2.60) and gave the stock an “overweight” rating in a research note published Wednesday. Credit Suisse Group raised its price target on Intesa Sanpaolo from €2.00 ($2.00) to €2.20 ($2.20) and gave the company a ‘neutral’ rating in a report research released Thursday. UBS Group lowered its price target on Intesa Sanpaolo from €2.70 ($2.70) to €2.20 ($2.20) in a report released on Wednesday, July 20. Finally, Barclays raised its price target on Intesa Sanpaolo from €2.30 ($2.30) to €2.50 ($2.50) in a report on Monday. Three research analysts gave the stock a hold recommendation, while six gave the stock a buy rating. According to Bloomberg.com, Intesa Sanpaolo’s current consensus rating is “Moderate Buy”. The website also states that the current consensus price target is $2.49.
Intesa Sanpaolo stock began trading Friday at $13.39 per share. The price of Intesa Sanpaolo has ranged from a low of $9.36 to a high of $20.22 over the past 52 weeks. The stock price has a 50-day moving average of $10.89 and its 200-day moving average is $11.26.
Most of Intesa Sanpaolo Sp’s products and services are focused on the Italian financial market. Its six business divisions are respectively Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management and Private Banking and Insurance. Accordingly, it is possible to acquire services in the areas of corporate, investment and public finance, as well as loan and deposit products, industrial credit services, factoring and leasing, asset management solutions, life and non-life insurance products. , and bancassurance, pension funds and trust services.

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