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RBC raises Intesa Sanpaolo price target to €7.25 after strong Q2 results and MPS offer.

Analyst Insights
30 Jul 2026
Stuart Mooney
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Bullish
pluang ai news

RBC Capital increased its price target for Intesa Sanpaolo to €7.25 from €7.00 and maintained an Outperform rating, citing the bank's strong financial performance. Intesa Sanpaolo reported Q2 net profit of €2.79 billion, beating expectations, and now expects 2026 net profit to exceed €10 billion. The bank's strategic move to launch a public tender offer for Banca Monte dei Paschi di Siena, valued at about €30.6 billion, is also boosting investor confidence. The market responded positively, with shares reaching a 52-week high.

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