JPMorgan remains optimistic about Intesa Sanpaolo
The renowned US bank JPMorgan has maintained its positive outlook for the Italian bank Intesa Sanpaolo S.p.A. The stock has once again been rated “Overweight,” indicating that JPMorgan sees it as above-average attractive. The price target has been set at 6 euros.
Updated analysis of Unicredit and Intesa Sanpaolo
This decision was made as part of an updated study by analyst Delphine Lee. Ahead of the upcoming quarterly reports of the major Italian banks Unicredit and Intesa Sanpaolo, the earnings expectations for Unicredit for the years 2026 and 2027 have been slightly raised. However, the earnings forecasts for Intesa Sanpaolo for 2025 to 2027 have been slightly lowered.
Attractive dividend yield
This rating is particularly interesting for investors in the German-speaking region. Bank stocks like those of Intesa Sanpaolo are also popular among savers and small investors. According to FactSet estimates, a dividend yield of around 7.65 percent is expected for the year 2025, making the stock particularly attractive compared to other investments.
Conclusion: Potential despite lower earnings forecasts
In summary, JPMorgan’s “Overweight” rating, along with the stable price target of 6 euros, underscores a continued positive outlook for the stock performance of Intesa Sanpaolo. Despite the slightly lowered earnings forecasts, the stock remains a potentially rewarding investment due to its high dividend yield.