CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) have earned a consensus rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of CaixaBank in a research report on Tuesday, August 4th. Keefe, Bruyette & Woods cut shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of CaixaBank in a report on Thursday, July 9th.

CaixaBank Price Performance

CaixaBank stock opened at $4.93 on Friday. CaixaBank has a 12-month low of $3.31 and a 12-month high of $5.21. The firm has a 50 day moving average of $4.94 and a 200 day moving average of $4.48.

CaixaBank Company Profile

CaixaBank, SA is a Spanish financial services company that provides banking and related services to individuals, families, businesses and institutional customers. Its offerings include retail and commercial banking, lending, deposits, payment services, investment products, wealth management and corporate finance.

The group also operates in insurance, asset management and consumer finance through specialized businesses and subsidiaries. CaixaBank serves customers primarily in Spain and has an international presence, including through Banco BPI in Portugal, which it acquired in full in 2017.

CaixaBank traces its roots to the savings-bank sector and was created in its current form in 2011 through the restructuring of Criteria CaixaCorp.