UBS rates Intesa Sanpaolo as buy with target price of 4.65 euros

Intesa Sanpaolo has been given a "Buy" rating by UBS, with a target price of 4.65 euros, based on the bank's recent quarterly results.

According to analyst Ignacio Cerezo, the Italian bank's profits exceeded expectations, driven by strong performance in its core business. The positive earnings outlook for 2025 aligns with consensus estimates, indicating a strong financial trajectory for Intesa Sanpaolo.

UBS's endorsement reflects confidence in the bank's operational strength and future growth potential.

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