Sampo PLC (OTCMKTS:SAXPY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of Sampo PLC (OTCMKTS:SAXPY – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

SAXPY has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded Sampo from a “sell” rating to a “buy” rating in a research note on Thursday, July 9th. Zacks Research upgraded Sampo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 30th. Kepler Capital Markets raised shares of Sampo to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Barclays raised Sampo from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, May 27th.

Read Our Latest Report on Sampo

Sampo Stock Up 1.0%

OTCMKTS:SAXPY opened at $21.76 on Friday. Sampo has a twelve month low of $19.93 and a twelve month high of $24.43. The firm has a market capitalization of $115.57 billion, a price-to-earnings ratio of 14.70 and a beta of 0.38. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average price is $22.13 and its two-hundred day moving average price is $21.52.

Sampo (OTCMKTS:SAXPY – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The financial services provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.05). The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $2.96 billion. Equities research analysts expect that Sampo will post 1.27 earnings per share for the current fiscal year.

About Sampo

(Get Free Report)

Sampo Oyj is a Finnish insurance group focused on property and casualty insurance in Northern Europe. Through its operating companies, Sampo provides insurance products and related services to individuals, businesses and public-sector organizations, including coverage for motor vehicles, homes, property, travel, personal accidents, liability and business risks.

Sampo’s principal insurance operations include If P&C Insurance, which serves customers across Finland, Sweden, Norway, Denmark and the Baltic countries, and Topdanmark, a major insurer in Denmark.

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