Sampo Oyj (OTCMKTS:SAXPY) Hits New 12-Month High at $26.68

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $26.68 and last traded at $26.68, with a volume of 14737 shares. The stock had previously closed at $26.27.

Analysts Set New Price Targets

SAXPY has been the topic of several research analyst reports. Jefferies Financial Group assumed coverage on shares of Sampo Oyj in a research report on Wednesday, December 21st. They issued a “hold” rating on the stock. UBS Group cut their price target on shares of Sampo Oyj from €48.00 ($52.17) to €47.00 ($51.09) in a report on Monday, October 10th. Bank of America lowered shares of Sampo Oyj from a “neutral” rating to an “underperform” rating in a report on Tuesday, December 6th. Finally, JPMorgan Chase & Co. cut their price target on shares of Sampo Oyj from €52.00 ($56.52) to €50.00 ($54.35) in a report on Monday, November 7th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat, Sampo Oyj currently has an average rating of “Hold” and a consensus target price of $46.38.

Sampo Oyj Trading Up 1.6 %

The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.38. The business’s 50 day moving average is $25.57 and its 200-day moving average is $23.31. The firm has a market cap of $27.56 billion, a P/E ratio of 11.65 and a beta of 0.91.

Sampo Oyj (OTCMKTS:SAXPY – Get Rating) last issued its quarterly earnings results on Wednesday, November 2nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. As a group, analysts forecast that Sampo Oyj will post 1.5 earnings per share for the current fiscal year.

About Sampo Oyj

(Get Rating)

Sampo Oyj engages in the administration of insurance subsidiaries and management of investment portfolio. It operates through the following segments: Property and Casualty Insurance, Life Insurance and Holding Business. The company was founded in 1909 and is headquartered in Helsinki, Finland.