Intesa Sanpaolo : An anecdotal Q4 2021 and a well-structured strategic plan for the medium term
>Outperform rating reiterated – target price lifted to € 3.25 (vs € 2.95) - Our Outperform recommendation is underpinned by the Q4 2021 publication, almost anecdotal just as the group was preparing to unveil its new medium-term strategic plan, but reassuring on the key operational points (top line, costs, cost of risk/quality of assets) and on capital/shareholders’ returns. The new strategic plan (2022-2025) is well-structured, in our view (based around identified pil...Intesa Sanpaolo is a commercial bank. Co. is engaged in lending and deposit collection operations in Italy and associated financial services, serving Households, Personal, Small Business, Private and Small and Medium Enterprise customers. Co. provides medium-term credit, leasing, factoring and agribusiness (Mediocredito Italiano), consumer credit (Intesa Sanpaolo Personal Finance), management of electronic payments (Setefi), and trust services (Sirefid). Co. has approximately 4,300 branches, including Retail and Business branches, distributed broadly throughout Italy. At Dec 31 2014, Co. had total assets of Euro646.43 billion.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.