Good news for Intesa Sanpaolo, the price will rise according to analysts. The bank is experiencing a particularly positive period, with encouraging growth prospects: Bloomberg reports that 22 sector experts have expressed a “buy” rating on the stock, with a average target price of 4.1 euros and a potential 12 month return of 20.7%. This optimism is supported by a number of key factors that strengthen the bank’s position.
Led by Carlo Messina, Intesa Sanpaolo reached price levels close to all-time highs since 2008, thanks to solid first quarter results. A significant element is the €1.7 billion buyback program, which not only increases shareholder value but also demonstrates management’s confidence in the institution’s future growth. Furthermore, the title was included among the “Top picks” of Morgan Stanleyhighlighting the attractiveness of its financial profile.
Intesa Sanpaolo’s reputation for sustainability is another strong point. The bank was included in the Top 20 of Reputation Manager’s ESG Perception Index and obtained the Top Employer certification. With an allocation of 1.5 billion euros for social issues and prizes for the inclusion of the LGBTQ+ community, Intesa Sanpaolo confirms itself as a leader in the social responsibility sector. Furthermore, it announced financing of 120 billion euros to support the relaunch of Italian companies.
On the digitalisation front, Intesa Sanpaolo and its digital bank Isybank have positively closed an investigation by the Competition and Market Authority regarding the transfer of customers. The commitments made will ensure clear and detailed information for customers, improving the user experience.
In summary, Intesa Sanpaolo is in a solid position, with promising growth prospects and a strong commitment to sustainability and digital innovation. Analysts see a bright future for the bank, making the stock an attractive option for investors.
Intesa Sanpaolo: operational strategies with UniCredit Turbo Certificates
Intesa Sanpaolo bounces after the test of the double support at 3.25 euros, the lows of mid-April and the crossing point of the trend line which rises from the lows of October. After having lost around 13% from the May highs of around 3.77, the stock is now trying to climb back towards the first obstacles at 3.50. Beyond this threshold, the test of the 3.65 area is expected, then it will be possible to cover the gap of 20 May, at 3.74 euros. Below the 3.25 area, risk of sinking towards 2.90.
Intesa Sanpaolo daily chart
Source Baha
To trade long on Intesa Sanpaolo it might make sense to use a Unicredit Turbo Open End certificate with ISIN DE000HD37PW8. The certificate has Intesa Sanpaolo as its underlying and currently has a barrier of 17.08%.
To operate Short, however, it may be appropriate to use Unicredit’s Turbo Open End Short certificate with ISIN DE000HD69PY7having a barrier 16.78% away as the underlying Intesa Sanpaolo.
We remind you that this barrier corresponds to a real stop loss, intrinsic to the product, upon touching which the position is automatically closed.
Furthermore, Unicredit’s Turbo Open End certificates eliminate the problem of the investment time limit without maintaining the presence of the annoying compounding effect. However, they are complex financial instruments: for trading operations it is important to set a stop loss based on your needs and the right money management rules.
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