CaixaBank (OTCMKTS:CAIXY) Reaches New 1-Year High – What’s Next?

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) reached a new 52-week high during trading on Tuesday . The company traded as high as $3.96 and last traded at $3.9425, with a volume of 3196 shares trading hands. The stock had previously closed at $3.84.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CAIXY. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of CaixaBank in a report on Thursday, December 4th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of CaixaBank in a report on Monday, November 3rd. Finally, The Goldman Sachs Group raised CaixaBank from a “sell” rating to a “hold” rating in a research report on Wednesday, September 24th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

CaixaBank Trading Up 0.3%

The firm’s fifty day moving average is $3.57 and its 200-day moving average is $3.28.

CaixaBank Company Profile

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.